Asset Retirement Global
The Asset Retirement Global document is used to change the status of the asset and to record the financial transactions associated with disposal of capital assets from the university asset database.
As a general rule, the Asset Retirement Global document is used for the disposal of capital equipment from an organization's inventory. Non-capital assets cannot be retired on the Asset Retirement Global document. Instead, the Asset document should be used to change the asset status via the edit action.
For more
information about the edit action, see Edit
Asset.
The Capital Asset Office is considered central administration, so it processes certain retirement types listed in the business rules below.
Note: Permission 24, Retire Multiple doesn’t work when added to Role 6, CAMS Processor.
Asset Retirement Reason Lookup