Reinstated disposed asset

You can reinstate a disposed asset if the original disposal is a full disposal or the asset is disposed in the current fiscal year.

After a disposed asset is reinstated, all journal entries that are created by the disposal are reinstated. The asset is also restored to its predisposal status. If you delete an reinstated asset before you release it, the asset is returned to its disposed status. All of the disposal journal entries are reversed. If you dispose a reinstated asset after you release the reinstatement, then perform a new disposal on the asset.

Use the Check Asset Control Balance action to total the debits and credits on unreleased transactions for an asset. The totals are stored on the asset book.

The values are edited as the asset is released to verify that the asset transactions are in balance. This action is not used in normal processing, but the action is useful when troubleshooting issues if a release fails. If the release fails, then these amounts are not in balance. This can occur when an action causes the amounts to be out of balance or there is a processing error.