Asset is identified to trade in for credit towards purchase of new asset. 1. Create AFE Number 2. Identify Asset for Trade In 3. Asset purchase is coded to CIP and AFE Number 4. Sell Asset for trade in using internal Kimray CIP customer 5. Enter Journal Entry to credit AR and code Kimray CIP customer and debit CIP account coding AFE Number 6. Run the Open CIP Project Transaction saved search 7. Filter on AFE Number 8. Export results 9. Enter Journal Entry to reclass amount from CIP to asset cost and code AFE Number on debit line to asset cost 10. Propose Asset using JE from Step 9. 11. Create $0 payment for internal Kimray CIP customer to clear asset sale invoice 12. Close AFE Number Journal Entry is created to account for disposal Asset Status is Disposed Asset Sale/Disposal subtab references Disposal Type and Date New Asset created for full cost (Trade in value + purchase price from Vendor)