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SPA Process User’s Guide
Chapter 6 – Deleting Property and Funds

Disposal Method 37 (Non-Monetary Exchange)

This disposal method is used to complete a non-monetary asset exchange with another entity.

Please see Non-monetary transactions for more information.

Note: This disposal method must have a partner asset addition to represent the exchange.

SPA Procedure

  1. Access the Disposal of Property (PADLET) screen on the Main Menu.
  2. Enter the property and component number in the corresponding fields. Press Enter.
  3. Enter disposal method 37 in the DISPOSAL METHOD field. Press Enter.
  4. Enter the disposal date in the DISPOSAL DATE field (using MM-DD-YYYY format)
  5. Enter a comment in the COMMENT field (Required, use to indicate the partner asset)
  6. Enter proceeds from sale, if any (Optional, use XX.XX format)
  7. Press Enter. The message Press F4 To Continue Or F5 To Cancel appears.
  8. Press F4. The message Information Has Been Deleted appears.