Place an asset back in service—Fixed Assets Management

If you accidentally dispose of an asset, you can easily move it back to in service.

To place multiple assets back in service at once, see Place assets back in service in bulk.

When you place an asset back in service, Fixed Assets Management performs the following actions:

  • Deletes the disposal journal entry.

  • Removes all disposal fields from the asset.

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

  • Changes the asset state to In service.

Before you begin

  • Verify that 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.

Place an asset back in service

  1. Go to Fixed Assets Management > All > Assets.
  2. Find the asset that you want to place back in service.

    The asset must be in the Disposed state.

  3. Select the asset's name to view it.
  4. At the top right of the page, select More actionsPlace back in service.

  5. Select Place back in service to confirm.