Asset Disposal Process Stages

The Process Status page queues the following processes for asset disposal. Click Details on any process to view the process stage details.

Process	Process Stage	Process Stage Description
Asset Disposal	Dispose Asset	Processes the asset for disposal.
Update Related Records	Links the invoice to the asset record if the disposal is successful. If it fails, the system reverts changes made in the previous stage.
Delete Old Forecast Values	The system deletes existing depreciation schedule since it's no longer accurate after disposal.
Update Compound Assets	Updates compound asset records.
Update Related Records	Updates other records related to this asset.
Generate Depreciation Schedule	Generate Depreciation Schedule Values	Creates new depreciation history records for generated assets and tax methods.

Process

Process Stage

Process Stage Description

Asset Disposal

Dispose Asset

Processes the asset for disposal.

Update Related Records

Links the invoice to the asset record if the disposal is successful. If it fails, the system reverts changes made in the previous stage.

Delete Old Forecast Values

The system deletes existing depreciation schedule since it's no longer accurate after disposal.

Update Compound Assets

Updates compound asset records.

Update Related Records

Updates other records related to this asset.

Generate Depreciation Schedule

Generate Depreciation Schedule Values

Creates new depreciation history records for generated assets and tax methods.