Considerations for Retiring Assets

Before loading retired assets, note these considerations:

  • Assets should be fully depreciated and retired.

    You can add partially retired assets, but the remaining cost basis will not be depreciated or processed in any way.

  • The depreciation process (AM_DEPR_CALC) need not be run after the retired assets are loaded.

  • After you add retired assets, you can reinstate them.

    Note:

    The ARA interface type was designed to load fully depreciated, retired, or historical assets in cases for which AM_DEPR_CALC would never run and the assets would never be reinstated. To accommodate reinstatement of historical assets in this case, change the ARA interface type as needed.