You can review the avaialble statuses of fixed assets or add your custom statuses.
To access a list of fixed asset statuses, go to Asset Management > Master Data > Fixed Asset Statuses form.
The default fixed asset statuses are configured to be assigned automatically; however you can change settings for some statuses so that they will be assigned manually.
The Fixed Asset Statuses list
By default, the following statuses are available:
1. Construction In Progress: This status is initially assigned to any fixed asset that requires some preparation for work.
2. Construction is Completed: This status is assigned to any fixed asset that is ready for use.
3. Active: This status is assigned automatically on posting the Fixed Asset Entry document with the listed fixed asset or by posting a Conservation of Fixed Assets (Transaction Type = Cancellation of Conservation) document.
4. In Conservation: This status is assigned automatically on posting of the Conservation of Fixed Assets (Transaction Type = Cancellation of Conservation) document
5. Held for Sale: This status is assigned automatically on posting the Preparation for Fixed Asset Sale document. The asset is not used and not depreciated.
6. Disposed: This status is assigned automatically on posting the Fixed Asset Sale or Fixed Asset Write Off document.
The toolbar buttons
Click Create to add a new status. Then click the Settings for Fixed Asset Status Changes button to specify conditions for status changes.
The Settings for Fixed Asset Status Changes dialog box
You can choose whether a status will be changed manually or automatically.
Adding a new status
The Fixed Asset Status (create) dialog box
You can specify the order in which this status can be assigned and the color for highlighting the asset in this status.