Tracking codes not applied to fixed asset disposal?

I suspect you are not referring to tracking codes, since they cannot be applied at any stage of fixed asset acquisition or disposal in Manager. Segregation of fixed assets by division would need to be accomplished through custom control accounts. Your use of the words “income/expense” leads me to believe you are instead referring to income and expense accounts.

At any rate, do not depreciate away remaining book value if the asset is disposed of. That will get you in trouble with auditors and tax authorities. Instead, dispose as per the Guide: