Fixed Asset Acquisition Disposition

The Fixed Asset Acquisition Disposition (FADM) reference page defines the valid methods of acquisition and disposal available to the Fixed Asset Acquisition and Disposal transactions. Use of this descriptive feature is required.

Field InformationField Information

The fields that are not self-explanatory are listed below:

Field Name	Description
Acquisition Disposition	Each record must be defined as either an acquisition or a disposition record. Acquisition records are just for reporting purposes, but disposition records are used to determine postings (see below).
Method	Each acquisition and disposition method is defined by a unique identifier within the complete set of both acquisition and disposition methods, not just within one of the two classifications.
Gain Loss Posting	Acquisition records must have the Not Selected value for this indication because it applies only to dispositions. For dispositions, the choice of Expense will invoke the Gain/Loss Expense posting pair (D) and trigger the inference of the Gain/Loss Object from Special Accounts. The choice of Revenue will invoke the Gain/Loss Revenue posting pair (E) and trigger the inference of the Gain/Loss Revenue Source from Special Accounts. Having a disposal method of both types is not required.