Undoing an Asset Item Split

You cannot undo (reverse) the posting for an asset item split in Utilities > Advanced Utilities > Undo Posting.

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): In the Equipment Info Center, manually recreate the source asset item, and: Add cost rows in the Acquisition Cost grid on the GL Cost tab to add back costs that were removed in the split. Correct the salvage amount in the Less Salvage Value field on the GL Cost tab. In History Loading for Asset Management in the Utilities application, make an adjustment to add back the accumulated depreciation amount that was moved out. 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 Info Center.
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: If the receiving asset item should no longer exist and not have depreciation processed for it, change the status of the asset item to Inactive in the Asset Status field on the GL Book tab in the Equipment Info Center. If the receiving asset item should still exist and have depreciation processed for it, but without the amounts that were moved to it from the source asset item, complete the following: In the Acquisition Cost grid on the GL Cost tab in the Equipment Info Center, clear the Include check box for the cost that does not belong. On the GL Cost tab in the Equipment Info Center, correct the salvage amount in the Less Salvage Value field. In History Loading for Asset Management in the Utilities application, make an adjustment to correct the accumulated depreciation amount for the asset item.

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):

In the Equipment Info Center, manually recreate the source asset item, and:
- Add cost rows in the Acquisition Cost grid on the GL Cost tab to add back costs that were removed in the split.
- Correct the salvage amount in the Less Salvage Value field on the GL Cost tab.
In History Loading for Asset Management in the Utilities application, make an adjustment to add back the accumulated depreciation amount that was moved out.

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 Info Center.

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:

If the receiving asset item should no longer exist and not have depreciation processed for it, change the status of the asset item to Inactive in the Asset Status field on the GL Book tab in the Equipment Info Center.
If the receiving asset item should still exist and have depreciation processed for it, but without the amounts that were moved to it from the source asset item, complete the following:
- In the Acquisition Cost grid on the GL Cost tab in the Equipment Info Center, clear the Include check box for the cost that does not belong.
- On the GL Cost tab in the Equipment Info Center, correct the salvage amount in the Less Salvage Value field.
- In History Loading for Asset Management in the Utilities application, make an adjustment to correct the accumulated depreciation amount for the asset item.

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Undoing an Asset Item Split