Undo the Disposal of an Asset Item

You can use the Undo Posting utility to reverse the posting of an asset item disposal.

To undo the posting of the disposal of an asset item:

1. In Deltek, open the period in which the disposal posting was completed.
2. On the Navigation menu, click Utilities > Advanced Utilities > Undo Posting.
3. In the Transaction Type field on the Undo Posting form, select Cash Receipts or Journal Entries. Cash receipts are created for asset items that are sold. Journal entries are created for asset items that are scrapped.
4. From the list of transaction files, select the file that you want to unpost and click Undo Posting.
5. On the dialog box that asks if you are sure that you want to unpost the selected file, click Yes. Deltek reverses the entries that were posted to your general ledger, marks the original posting log for the disposal as Removed, and creates a new posting log with an AL transaction type.

   On the GL Book tab in the Equipment hub:

   • The status of the asset item in the Asset Status field changes from Disposed to Inactive. You can change the status to Active, as needed.
   • The disposal date is removed from the Disposal Date field.

   Entries for the disposal are removed from the Summary and History tabs in Asset Management > Asset Review for the asset item.

If necessary, rerun disposal processing in the Asset Management application.