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Write-off Reasons

The write-off reasons register defines the reasons why an asset can be removed from the fixed assets.

List​

View all write-off reasons with:

  • Code
  • Description
  • Status (Active/Inactive)

Register Reason​

  1. Click + New Reason
  2. Fill in:
    • Code — Identifier code
    • Description — Reason description (e.g.: Sale, Disposal, Accident, Donation, Obsolescence)
  3. Click Save

Common Reasons​

ReasonDescription
SaleAsset sold to third parties
DisposalAsset discarded due to uselessness
AccidentAsset lost due to accident (fire, theft, etc.)
DonationDonated asset
ObsolescenceAsset removed due to technological obsolescence