Delete assets—Fixed Assets Management

The process to delete an asset depends on how the asset was created. For example, if it was created from an AP purchase invoice versus a PO purchase invoice.

Alternatively, you can deactivate the asset, which removes it from lists and dropdowns across your company while still retaining its record.

Before you begin

Delete an asset created from an AP purchase invoice—Accounts Payable integration

Subscription Fixed Assets Management

Accounts Payable

Regional availability

All regions

User type Business
Permissions

Fixed Assets Management

  • Asset: List, View, Delete

Accounts Payable

  • AP purchase invoices: List, View, Delete

  • If the AP purchase invoice is unpaid and your company allows deleting unpaid AP purchase invoices, you can delete the corresponding AP purchase invoice line item or delete the entire AP purchase invoice. The associated asset will also be deleted. See Delete an unpaid AP purchase invoice for more information.

  • If the AP purchase invoice is paid or reversed, or your company does not allow deleting unpaid AP purchase invoices, the asset cannot be deleted. Instead, you can deactivate the asset to hide it across your company. Or, dispose of the asset and then make any needed adjustments in the General Ledger.

  1. Go to Fixed Assets Management > All > Assets.

  2. Find the asset that you want to delete.

  3. In the Source field, select the link.

    The AP purchase invoice that triggered the creation of the asset opens.

    If there's a purchasing transaction in the Document ID field of the AP purchase invoice, then the asset was created from the Purchasing integration. Delete the purchasing transaction to delete the associated AP purchase invoice and asset.

Delete an asset created from a transaction—Purchasing integration

Subscription Fixed Assets Management

Accounts Payable

Regional availability

All regions

User type Business
Permissions

Fixed Assets Management

  • Asset: List, View, Delete

Purchasing

  • Purchasing transactions: List, View, Delete

Accounts Payable

  • AP purchase invoices: List, View, Delete

To delete an asset that originates from a purchasing transaction, delete the purchasing transaction. The associated asset and AP purchase invoice will also be deleted.

  1. Go to Fixed Assets Management > All > Assets.

  2. Find the asset that you want to delete.

  3. In the Source field, select the link to view the AP purchase invoice that triggered the creation of the asset.

  4. On the AP purchase invoice, select the link in the Document ID field to view the purchasing transaction that triggered the creation of the AP purchase invoice and asset.

Delete an asset that was created manually

Subscription Fixed Assets Management
Regional availability

All regions

User type Business
Permissions

Fixed Assets Management

  • Asset: List, View, Delete
  1. Go to Fixed Assets Management > All > Assets.
  2. Find the asset that you want to delete.
  3. Select More actions > Delete at the end of the row.
  4. Select Delete to confirm.

Delete multiple assets that were created manually

You can delete up to 100 assets at a time.

Subscription Fixed Assets Management
Regional availability

All regions

User type Business
Permissions

Fixed Assets Management

  • Asset: List, View, Delete
  1. Go to Fixed Assets Management > All > Assets.
  2. Select the checkbox next to the assets that you want to delete.
  3. Above the list, select Delete.
  4. Select OK to confirm.