Undoing an Asset Item Split
You can reverse the splitting of an asset item.
You cannot use
to undo (reverse) the posting for an asset item split.However, you can complete the following to achieve the same results to recreate the source asset item and remove the one or more receiving asset items that the source asset item was split into:
Asset Item | Reversing Action to Take |
---|---|
Source Asset Item | If the source asset was split completely (no amounts remained for it and it was automatically disposed):
If the source asset item did not have all of its costs split into the receiving asset items (it was not disposed and it remained active with some amount of cost to be depreciated), complete the above bulleted items for the source asset item that remains active in the Equipment hub. |
Receiving Asset Item | For each receiving asset item that has costs from the source asset item that you need to reverse, complete either of the following:
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Parent Topic: Splitting Asset Items