To access the Conservations of Fixed Assets document list, go to Asset Management > Fixed Assets > Conservations of Fixed Assets. Only fixed assets with the Accepted to Accounting status Active status can be placed in conservation.
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After some period of fixed asset usage, the organization may decide to stop the usage due to various reasons and to stop depreciation calculation. To register the conservation For this, you can create aThe place the fixed asset into conservation for some time interval. The fixed asset's status changes to In Conservation and the net book value will remains the same during the conservation period. However, the depreciation calculation will be resumed and the status will change to Active once conservation of the fixed asset is cancelled.
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If you need to cancel conservation of specific fixed assets, select the document that starts their conservation, then click the Generate > Conservation of Fixed Assets - the document with the Cancellation of Fixed Asset Conservation transaction type will be created.
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