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After some period of fixed asset usage, the organization may decide to stop the usage due to various reasons; however, the depreciation calculatio calculation can be continued. The fixed asset status changes to In Conservation and the net book value will be moved to the Assets in Conservation GL Account from the Fixed Asset GL account. Also, as the document is posted,   depreciation calculation for the listed assets will can be stopped.

The Conservations of Fixed Asset list

The Conservations of Fixed Assets list includes all the Conservation of Fixed Assets documents available in the system. If you don't see a specific document, rearrange the list by date or document number or use the Search field to locate the document by the fixed asset description. You can change the list display settings to suit your particular needs. To learn more about the list display settings, see Working with the item list.

The toolbar buttons

To manually create a new document of the Conservation of Fixed Assets type, click the Create button on the toolbar.

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