Fixed assets> Common Forms> Fixed assets> History> Temporary closing-down
Use this form to view transactions pertaining to temporary shut-down and reactivation of fixed assets. If a fixed asset is closed down or inactive for more than 3 months, or if refurbishment of the asset is conducted for more than 12 months, calculation of depreciation is suspended. Depreciation calculation resumes when the fixed asset is placed back into service.
Note
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Depreciation is not accrued when the status of the fixed asset is Temporary closing-down. |
Task that
uses this form
Navigating
the form
The following tables provide descriptions for the controls in this form.
Tabs
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Tab |
Description |
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Overview |
View details of the temporary shut-down history of a fixed asset. |
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General |
View the processing date, time, and user ID details of the temporary shut-down transaction selected in the Overviewtab. |
Fields
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Field |
Description |
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Start date |
The start date of the temporary shut-down period.
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Finish date |
The end date of the temporary shut-down period.
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Date |
The date when the last change was made for the fixed asset. |
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Time |
The time of the day when the temporary shut-down transaction was created or updated. |
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User ID |
The user who created the temporary shut-down transaction. |
