To set the Status of a non-valued Asset and all of its descendants to Disposed:

Step 1.   Select the Asset to be Retired

Step 2.   Click the Retire Asset Task

Step 3.   In the Asset Retirement Details Form:

•      Enter the Retirement Reason

•      Select the Retirement Date

•      If the Retirement is managed by someone else, change Retired By to that person’s Username

Step 4.   Click the Retire button

Things to be aware of:

Retirement performed on an Asset is applied to its descendants.

A Valuation Asset cannot be Retired. Instead it must have a Disposal Action, Completed on it. See Disposals and Partial Disposals.

An Asset cannot be Retired if it has:

•      A Valued descendant that has not been Disposed of

•      Uncompleted Actions associated with it, or any of its descendants