Asset Corrections and reversals preserves the original acquisition and retained history. The workflow specifies the order: reverse the latest active disposal first, then depreciation in reverse period order. The original purchase stays recorded.
Open the correction workflow and choose the latest eligible posted journal. Review its date, amount and source evidence before entering a Reversal date and a reason of at least ten characters. A pending journal must first be rejected or reviewed through its own state.
Follow the permitted proposal and review actions rather than creating independent offset entries. The supported sequence keeps later asset activity from depending on a period that has already been undone.
After an authorized reversal, inspect the original journal and its exact reversal in history, then refresh the available next correction. If a correction is pending, complete or withdraw it before proposing another reversal or preparing more asset journals. This keeps the asset's dated history understandable while restoring the appropriate supported state.
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