Revert a full disposal—Fixed Assets Management

If you fully dispose of an asset by mistake, you can revert the full disposal.

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 to service.

  3. Select the asset's name to view it.

  4. At the top-right of the page, select More actions > Revert full disposal.

  5. Select Revert full disposal to confirm.