What Can I do at Each Asset Status?

The table that follows shows the actions that you can carry out at each fixed asset status.

  Status
Action New Submitted Recalled Rejected Approved Active Active and Schedule Pending or Exported
  • Canceled
  • Disposed 
  • Fully Depreciated
Attach an Accounting Book Yes Yes Yes Yes Yes
Attach a Tax Book Yes Yes Yes Yes Yes Yes Yes
Attach a Custom Book Yes Yes Yes Yes Yes Yes Yes
Cancel the Asset Not Recommended
Change the Asset Cost Yes Not
Recommended
Yes Yes
Delete the Asset Not Recommended
Dispose of the asset Yes Yes Yes Yes
Generate Schedules for an Accounting Book from the fixed asset Yes Yes
Generate Schedules for an Accounting Book at the book level Yes
Generate Schedules for a Tax Book from the fixed asset. Yes Yes Yes
Generate Schedules for a Tax Book at the book level Yes Yes Yes
Generate Schedules for a Custom Book from the fixed asset. Yes Yes Yes
Generate Schedules for a Custom Book at the book level Yes Yes Yes