Deleting Assets
This feature lets you remove invalid assets and their related records. You can use it to delete assets without journal entries or proposal records. If the asset has a journal entry, you must manually remove it before deleting the asset.
You can't delete compound assets with this feature. You can, however, delete non-compound component assets.
To delete invalid assets:
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Go to Fixed Assets > Setup > Delete Assets.
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On the Delete Invalid Assets page, add the assets to delete through the Asset Details sublist or through CSV import.
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To add assets through the Asset Details list:
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From the Asset Details list, select the asset ID or name that you want to delete, and then click Add.
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Click Delete.
Click OK in the confirmation dialog to delete the assets and their related records.
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To add assets through CSV import:
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Click Import CSV.
The system redirects you to the Bulk Asset Deletion page.
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On the Bulk Asset Deletion page, click Choose File to locate the CSV file on your device.
Click the link below the Choose File field to view a sample file.
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Click Submit to upload your CSV file. You'll be redirected to the FAM Process Status page.
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Related Topics
- Fixed Assets Management Overview
- Depreciation Methods
- Creating Asset Records from Transactions
- Creating Asset Records through CSV Import
- Creating Asset Records Manually
- Managing Assets
- Asset Depreciation
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Fixed Asset Recovery Script
- Group Tax Depreciation
- French Derogatory Depreciation
- Asset Disposal by Sale or Write-Off
- Partial Disposal of an Asset
- Revaluation of an Asset
- Asset Split
- Viewing and Approving Custom Journal Entries