Reversal

You can reverse the extensions made. Extension can only be reversed in a month right after the last calculation of depreciation. Just a single extension is reversed at a time, always considering the last one.

The extension Reversal option is only available when the extension was generated in the same asset form.

Extensions with transactions cannot be reversed, and all the extension transactions must be reversed. 
 

aaf9837b-0ac0-43c1-a7be-d6d6a6b98026Important:

For incorporation that generates a new asset form, this operation can only be canceled by deleting the new form.

aaf9837b-0ac0-43c1-a7be-d6d6a6b98026Important:

To extend the lifetime, in which the asset depreciation rate is changed, there is no reversal. For so, access the Asset Register routine and select the asset that had its rate changed by clicking Change and doing it manually.

Procedures

Reversing the extension:

1. Select the asset.
2. Click Reverse.
3. The extension is reversed and accounting entries are made.