Reverse Asset Book Disposal (tffam1225m000)

Use this session to reverse the disposal journals of the asset book. The status of the asset book changes to Acquired from the status Disposed.

You can also reverse the disposal process, when an asset book is disposed by mistake or data error.

To open the session, select the asset with the status Disposed in the Assets (tffam1500m000) session and from the appropriate menu select Asset Books.

To reverse the disposal process of an asset book, select the asset book and from the appropriate menu, select Reverse Asset Book Disposal.

Note: The reversal process of asset entries can be performed only if the status of the asset book is Disposed.

Field Information

Reason

The reason code for the disposal of the asset.

Reasons codes are maintained in the Reasons (tffam6550m000) session.

Description

The description or name of the code.

Suppress Journal Entries

If this check box is selected, journal entries are not created in the General Ledger module for this transaction.