Reviewing and Revising Disposal Entries
Access the Work With Assets form.
To review and revise disposal entries:
Click Find to view all assets.
To limit your search, click the tabs in the header area of the Work With Assets form and complete the appropriate information.
When you are searching for an asset on the Work With Assets form, the Skip To Description and Skip To Asset fields in the header area and the query-by-example fields in the detail area do not display data if asset descriptions have been translated or if the language preference is activated. However, the Description - Compressed field shows data if the descriptions have been translated; you can conduct your search through this field.
Select the asset that you want to dispose.
Select Asset Disposal from the Row menu.
Select Review Entries from the Form menu on the Single Asset Disposal form to review the journal entries for the assets.
Select Void Entry from the Form menu on the Single Asset Disposal form to void a journal entry.
Select the journal entry that you want to void on the Void Disposal Entries form.
Select Void/Reverse JE (void/reverse journal entry) from the Row menu.
(Optional) Change G/L Date (general ledger date) field on Void Journal Entry.
Click OK.
Complete these fields on the Asset Master Update form:
New Equipment Status
Specify the UDC (12/ES) that identifies the equipment or disposal status of an asset, such as available, down, or disposed.
Effective Date
Specify the date on which an address, item, transaction, or table record becomes active. The meaning of this field differs, depending on the program. For example, the effective date can represent any of these:
The date on which a change of address becomes effective
The date on which a lease becomes effective
The date on which a price becomes effective
The date on which the currency exchange rate becomes effective
The date on which a tax rate becomes effective
Click OK to save the entries.