NetAsset - Pre Go-Live Disposals

Overview

To fully utilize the reporting capacities of NetAsset, clients may desire to enter assets that have been disposed in the year of go-live. 

Step by Step

1. Navigate to the NetAsset> Setup> System Setup
2. Enter the applicable Go-Live Date View full size
3. Navigate to the asset record for the asset that has previously been disposed
4. Select Edit View full size
5. Under the "Disposal" subtab enter the relevant Disposal Date
   1. Note, the disposal date must be before the go-live date for the schedule to generate correctly.  View full size
6. Select Save View full size
7. Select Generate Schedule View full size
8. Once the schedule generation is complete, the depreciation schedule will show all periods from capitalization until disposal with the last line showing the disposal View full size
   1. It is not recommended to upload fully-depreciated assets that have been disposed prior to the go-live date. For assets that were fully-depreciated prior to disposal, the system will not automatically generate a disposal line. If a disposal line is desired, it must be manual created.
9. This asset will still be queued for capitalization and go through the go-live process, however, no go-live entry will be created and the status will update to Disposed.