Hello, we disposed an asset today. The entry hit "depreciation expense" account, but the "Asset Type" record is profiled (under "Accounts") to hit the account "Loss or Gain From Disposal Of Assets". Does the write off disposal process look to the "Asset Type" for the account use for the write off? Are we missing a configuration for the disposal process? Thanks!

The Disposal process uses the accounts on the FAM asset record itself, not the associated Asset Type. A new FAM asset will take the values from the Asset type on initial creation, but if there's a change to the accounts on the asset type, that change doesn't "roll down" to associated assets. Also, once the asset is created, someone could have manually changed the disposal account on the asset record, which would cause it not to match the Asset type.

Ahh, Thank you!!