Revert a full disposal—Fixed Assets Management

If revert is enabled in Fixed Assets Management, you can revert full disposals to correct mistakes.

Reverting a full disposal does the following:

  • Deletes the related full disposal journal entries.

  • Removes the full disposal record from the asset's Disposals tab and each depreciation schedule.

  • Changes the state of Canceled depreciation entries to Not posted.

  • Changes the asset's state to In service.

To revert multiple full disposals at once, see Revert full disposals in bulk.

Before you begin

Verify the following:

  • The disposal date is in an open period. If it's in a closed period, you must manually reverse the journal entries and recreate the asset as a historical asset. Contact your account manager for further assistance.

  • The asset is in the Disposed state.

  • The asset is active.

Revert a full disposal

Subscription Fixed Assets Management
Regional availability

All regions

User type Business
Permissions

Fixed Assets Management

  • Asset: List, View, Edit
Configuration

Correction treatment must be set to Revert in Fixed Assets Management configuration.
  1. Go to Fixed Assets Management > All > Assets.

  2. Find the asset that you want to move back into service.

  3. Select the asset's name to view it.
  4. Select the Disposals tab.

  5. Find the full disposal.

    Full disposals have a blank value in the Partial disposal column.
  6. At the end of the row, select More actions > Revert.

  7. Select Revert full disposal to confirm.