Asset History Events

What events can I view on the History tab?

The History tab provides a history of major milestones and actions performed on an asset. The system automatically records and tracks specified actions, including the date and time they occurred, and displays a viewable history.

You can decide which events in an asset’s life you want to track. For more information, see Setting Up History Events.

The following chart explains the historical actions that the system tracks.

Action

Description

Activated Asset

Asset was activated

Adjustment Calculated

Depreciation adjustment amount was calculated

Asset Data Backed Up

Company data was backed up

Changed General Information

Data in a general information field was changed

Changed Book Information

Information in the [specified] field was changed from [prior value] to [new value].

*168 Allowance Switched

168 Allowance Switch - [100%, 80%, 60%, 50%, 40%, 30%, 20%, or No] Allowance taken - Depreciation method changed from [prior method] to [new method].

Cleared Period Close

Period close fields were cleared

Copied Asset Information

Asset data was copied to another company

Copied Asset Information

Asset data was copied from another company

*Copied Book Information

Asset data was copied into the [specified] book

Deleted Last Transaction

Last asset transaction was deleted. Restored parent extension 000.

Depreciation Calculated

Depreciation was calculated through MM/DD/YYYY

Disposed Asset

Asset disposed, gain/loss was calculated as of MM/DD/YYYY

Extracted Asset Information

Data was extracted from another company

Imported Asset Information

Asset was created by a custom import

Imported Update(s)

Asset general information was updated by a custom import

Inactivated Asset

Asset was inactivated

Merged Asset Information

Asset was created by a company merge

Asset Created

Asset was created

Asset Partially Disposed

Partially disposed, gain/loss was calculated as of MM/YY

Period Closed

Period Close was set as of MM/YYYY

Reset to Begin Date

Depreciation was reset to Beginning date

Reset to Period Close

Depreciation was reset to Period Close date

Reset to Placed in Service Date

Depreciation was reset to Placed-in-Service date

Restored Asset Data

Backed-up asset data was restored

Transferred Asset

Asset was transferred within the company
Created from a transfer within the company
Transferred asset to another company
Transferred asset from another company
Partially transferred asset within the company
Created from partially transferred asset
Partially transferred asset to another company
Partially transferred asset from another company
Transferred asset considered a disposal within the company
Created from transferred asset considered a disposal within the company
Transferred asset to another company considered a disposal
Transferred asset from another company considered a disposal
Partially transferred asset considered a disposal
Created from a partially transferred asset considered a disposal
Partially transferred asset to another company considered a disposal
Created from a partially transferred asset from another company considered a disposal

* These events are tracked only in U.S. Companies. They are not tracked in Canadian, Government, or Nonprofit Organizations.