To Complete an Action:

Step 1.   Open the Action to be Completed and make sure it has been allocated to an Asset

Step 2.   Click the Complete Task from the Tasks Window

Step 3.   Fill out the Complete Action Form

Step 4.   Click the Complete button

Things to be aware of:

The unshaded boxes of the Complete Action Form are the sections that can be filled in by the User to complete the Action; the Completion date is the only mandatory field.  The shaded sections are shown for information purposes only.

Selecting the Cost Type options of Actual, Estimated or Other mean that the Cost field will be set to one of the following, for the Actual Cost of the Action:

•      Actual Cost as calculated on the Estimates and Costs Tab

•      Estimated Cost as calculated on the Estimates and Costs Tab

•      Other entered manually

Completion of Purchase, New Works or Disposal Actions will result in an adjustment of the Asset’s Valuation data and transactions.

These details will appear on the Completion Details tab of an Action.

If necessary a Completed Action may be reversed by clicking Reverse Completion in the Tasks Window, which will roll back any Asset Valuation Transactions associated with the Action.

Completing a Disposal Action will include a few other pieces of information relating to the disposal of the Asset.

FULL DISPOSAL

PARTIAL DISPOSAL

The Figures on the right of the form are showing the new amounts after Disposal.  Profit/Loss is the difference between the Current WDV and the WDV after Disposal plus any Proceeds.