Number›Inventory Control Main Menu
Inventory - Disposition/Non-Sale
Internal Revenue Manual Part 3. Submission Processing · 2026-10-03 edition · updated 2026-10-04 · United States
These journals are used when acquired property is disposed of other than by sale. See IRM 3.17.63, Accounting and Data Control, Redesigned Revenue Accounting Control System for a complete explanation.
These are the valid accounts Disposition and Non-Sale (journal #305).
Account Number
DR/CR
Account Name
4420
Debit
SPC Suspense, NMF
6980
Debit
Acquired Property Disposed Other Than Sale
7100
Credit
Property Acquired in Payment of Tax
This table describes the steps required to complete journal #305.
Step
Prompt
Description / Action
Select
RACS Main Menu
Highlight/select Inventory.
Apply
Inventory Control Main Menu
Record
Select Disposition/Non-Sale.
Tab or Apply
Account Period
Accept the highlighted current month or select the future month. From the Action Bar select...
Apply
Maintain Source Journal
Document #
Enter the Document Number. The number must match the number used to establish the record on the RRACS Inventory.
Tab Key
Prepare Date
Enter the Source Document Date in MM-DD-YYYY format.
Enter or Add Button
Maintain Journal Entry
Amount
Enter the Amount associated with the selected IRS account.
OK Button
Maintain Source Journal
Review input data. If correct, select...
OK Button
Maintain Transaction Journal
Highlight/select Application from the Possible Source Journals. From the Action Bar select...
Action then Add
Maintain Source Journal
No input is necessary for this screen.
Enter or Add Button
Maintain Journal Entry
Amount
Enter the amount associated with the selected IRS account.
OK Button
Repeat for each account that has an amount.
OK Button
When finished, select...
Cancel Button
Maintain Source Journal
Review input data, If correct, select...
OK Button
If information is not correct, see Introduction for "Edit and Delete" Buttons.
Edit or Delete Button
Maintain Transaction Journal
Message
Select Message to enter up to 256 characters of audit trail information.
OK Button
Post
Review input data. If correct...
Post Button
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