How to retire an asset

Owned by Knowledge Assistant
Last updated: Nov 27, 2024
Description of Issue

How do I retire an asset?

Context

Capital Assets

Cause

Informational 

Resolution
  1. In Adjustments and Retirements, pull up the asset that needs to be retired
  2. Click Transactions and select Retire Assets 
  3. On the Retirement screen, click Update
  4. Once the required fields have been populated, click Accept
  5. Click Output/Post to post the transaction
Additional Information