Enhanced interface

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Revert an asset transfer—Fixed Assets Management

You can revert a transfer to correct mistakes. For example, you might revert a transfer that used the wrong transfer date or dimensions.

Reverting a transfer does the following:

Restores the dimensions and allocation that were assigned to the asset before the transfer occurred.
Deletes the related transfer journal entries.
Removes the transfer record from the asset's Transfers tab.

Before you begin

Verify the following:

The asset is in the Ready for review or In service state.
The transfer you want to revert is the most recently recorded transfer. To revert an earlier transfer, first revert all subsequent transfers.
No depreciation or partial disposals occurred on or after the transfer date. No cost adjustment occurred after the transfer date. Revert any subsequent activity first.

Revert an asset transfer

Subscription	Fixed Assets Management
Regional availability	All regions
User type	Business
Permissions	Fixed Assets Management Asset: List, View, Add, Edit
Configuration	Correction treatment must be set to Revert in Fixed Assets Management configuration.

Go to Fixed Assets Management > All > Assets.
Find the asset containing the transfer that you want to revert.
Select the asset's name to view it.
Select the Transfers tab.
Find the most recent transfer.
Select More actions > Revert at the end of the row.
Select Revert to confirm.