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Administrator Guide
Last Updated: 2023-06-23
Adjust an Asset In Service Date

Adjust an Asset In Service Date

Configure the
Asset Adjust In Service Date Event
 business process and security policy in the Business Asset Tracking functional area.
Change the date you place an asset in service.
  1. From the related actions menu of assets that are
    Issued
     or
    In Service
    , select
    Adjust Asset In Service Date
    .
  2. Specify a
    Proposed
     in service date.
  • Workday reverses depreciation recorded for the period between the initial in-service date and the new date.
  • You can post the adjustment in the current open period or amortized over the remaining useful life of the asset.
You modified the
In Service Start Date
 on supplier contract lines because you and your supplier updated line details in your supplier contract. Select
Adjust Asset In Service Date
 from the related actions menu for the asset to:
  • Initiate adjustments for the depreciation and useful life of the asset.
  • Accurately reflect changes specified in the supplier contract amendment.
Review depreciation adjustments in the business asset
Lifecycle
 tab.