Dynamics 365 Finance, Dispose of a fixed asset as scrap
You can eliminate transactions for a fixed asset that was disposed of as scrap. The transaction types that can be eliminated include an asset's acquisition and accumulated depreciation transactions and other fixed asset transactions. Elimination of these transactions affects balance sheet accounts, such as acquisition adjustment, depreciation adjustment, revaluation, write-up, and write-down accounts.
Before you dispose of a fixed asset as scrap, you must create ledger accounts that are associated with:
the asset's acquisition value
depreciation for the current year
depreciation for previous years
the asset's NBV
The fixed asset transaction types are listed on the Fixed assets posting profile page. Go to Fixed assets > Setup > Fixed asset posting profiles, and then, on the Disposal FastTab, select Scrap in the field above the grid. The following illustration shows the list of fixed asset transaction types on the Fixed asset posting profiles page.

Reference:
https://learn.microsoft.com/en-us/dynamics365/finance/fixed-assets/dispose-of-a-fixed-asset-as-scrap