How enter a part disposal of an asset within the Capital Assets module?

Article ID

ias-3027

Article Name

Created Date

2nd November 2006

Product

IRIS Personal Tax

Problem

How do I part dispose of an asset within the Capital Assets module?

Resolution

Users are required to: 1. Log on to IRIS and select the client. 2. From the Edit menu, select Capital Assets. 3. Click the Asset option on the left, click on the asset and then click Dispose. 4. Enter the Disposal Date, the Disposal Value and the remaining value of the asset into Residual Market Value.

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