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            Knowledge Base Asset Infinity Help Center Asset Management Discard Asset

            Discard Asset

            Discard any lost or scrap using the "Discard Asset" button present above asset register on the Home page.

            Screen-1 Discard or Sell (Button) 
            Select asset(s) from the asset register and click on the discard or sell button:

            A pop-up form will open: 

            Screen-2 Discard or Sell Asset (Form)
            To discard an asset, user is required to fill all the details in the form:
            1. On the Discard Asset form, the Asset code, Asset Name and depreciation value of the selected asset(s) is displayed at the top of the form.
            2. Reason - In the Reason to for discarding asset, all the status added under the discarded assets status type are reflected appear in the drop-down list. 
            3. Date - Select date from the calendar, the asset can discarded only on the present date or future date.
            4. Vendors - All the vendors added in asset infinity will be reflected in the drop down (vendors can be added through application settings)
            5. Others - In this field, vendors or customers that are not added in asset infinity can be included. 
            6. Tax group - Select tax group from the drop-down, add tax groups through application settings.
            7. Click on the "save" button to complete the process. User can also print PDF (save & print) for physical record.

            Updated: 07 Jul 2019 10:10 PM
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