The insurance coverage for a fixed asset will automatically end when you post a disposal entry to the depreciation book that you have specified in the Insurance Depr. Book field in the 
Fixed Asset Setup window.
The termination is performed even if the Automatic Insurance Posting field in the FA Setup window is selected.
To end insurance coverage for a fixed asset
In the Search box, enter FA General Journals or FA Journals, and then choose the related link.
The journal that you use depends on whether you have enabled general ledger integration for disposal in the
Depreciation Book Card window.Enter a disposal line.
On the Home tab, in the Process group, choose Post to post the line.
In the Fixed Asset Card window, on the Maintenance FastTab, the Insured field is no longer selected
In the Total Value Insured per FA window, there is no longer a value for the fixed asset.
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For more information about how to work with fields and columns, see Work with Data. For more information about how to find specific pages, see Search. |