---
title: "About asset disposals"
description: "You dispose of an asset for of variety of reasons, such as the end of its useful life or a reduction of the asset’s productivity later in its life."
lang: en
languages:
  en: https://docs.vismasoftware.no/visma-net-erp/help/fixed-assets/manage-fixed-asset-disposals/about-asset-disposals/index.md
lastmod: 2026-02-19
---

> Documentation index: https://docs.vismasoftware.no/visma-net-erp/help/fixed-assets/manage-fixed-asset-disposals/llms.txt


# About asset disposals

Last modified February 19, 2026

> You dispose of an asset for of variety of reasons, such as the end of its useful life or a reduction of the asset’s productivity later in its life.


You configure the disposal methods, and then you select the required disposal method when you
dispose of an asset.

You can dispose of fixed assets one by one or in bulk.
For more information, see:[Dispose of an asset](https://docs.vismasoftware.no/visma-net-erp/help/fixed-assets/manage-fixed-asset-disposals/dispose-of-an-asset/index.md) and [Dispose of multiple assets](https://docs.vismasoftware.no/visma-net-erp/help/fixed-assets/manage-fixed-asset-disposals/dispose-of-multiple-assets/index.md)

## Updated general ledger accounts as a result of fixed asset disposal

When a fixed asset is disposed of, the system records the proceeds from the disposal, as well
as any gain or loss in its disposal.
The system generates **Sales/disposal+**,
**Depreciation adjusting-**, and **Purchasing disposal** transactions.
Generally, the
accounting transactions can be illustrated as follows.

|Account|Debit|Credit|
|---|---|---|
|Gain account / Loss account|0.0 or loss amount (book value – proceeds amount, if the book value is greater than the proceeds amount)|Gain amount (proceeds amount – book value, if the book value is smaller then the proceeds amount) or 0.0|
|Fixed Assets account|0.0|Acquisition cost|
|Accumulated depreciation account|Accumulated depreciation amount|0.0|
|Proceeds account|Proceeds amount|0.0|

The gain or loss is calculated and recorded in the gain account or loss account.
To calculate
the gain or loss amount, the system deducts the accumulated depreciation amount plus the salvage
amount from the acquisition cost and compares the calculated amount with the proceeds from
disposal.

+ If there is a gain on disposal, the gain account is updated.
+ If there is a loss on disposal, the loss account is updated.

## Reverse fixed asset disposal

If you have specified disposal parameters incorrectly or erroneously disposed of an asset, you
can reverse the disposal.
For more information, see:[Reverse an asset disposal](https://docs.vismasoftware.no/visma-net-erp/help/fixed-assets/manage-fixed-asset-disposals/reverse-an-asset-disposal/index.md)

When you reverse a disposal, you reverse the transactions of the disposal.

After the reversal of the disposal, the status of the asset changes from **Disposed** to **Active**.

<h2>Related pages</h2><h3>Tasks</h3>
<ul><li><a href="/visma-net-erp/help/fixed-assets/manage-fixed-asset-disposals/dispose-of-multiple-assets/index.md">Dispose of multiple assets</a></li>
</ul><h3>Windows</h3>
<ul><li><a href="/visma-net-erp/help/fixed-assets/fixed-asset-windows/dispose-of-assets-fa505000/index.md">Dispose of assets (FA505000)</a></li><li><a href="/visma-net-erp/help/fixed-assets/fixed-asset-windows/fixed-assets-preferences-fa101000/index.md">Fixed assets preferences (FA101000)</a></li>
</ul>


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