Approving or rejecting assets

A user can approve or reject assets that are submitted for approval. See the Financials Setup and Administration Guide for details on how to create companies that require approval for assets.

  1. Select Assets > Waiting for Approval.
  2. Select an asset or multiple assets.
  3. Click Approve or Reject.

    If an asset is rejected, the previous status of the asset is automatically restored. The user can edit the asset and resubmit for approval. If an asset is approved, the asset is automatically released and the approval status is updated as Approved.