About Retired Items
Updated
by
Cheryl Wallace
Retired Items has multiple purposes:
- Remove serialized inventory from availability for transactions and transfers when it is obsolete, damaged beyond repair, scrapped, etc. by manually retiring the item.
- View serialized inventory that has been previously retired through a return transaction where the return status has the Retire Item flag (Lost or Write Off).
- View serialized inventory that has been retired through a transaction where the item has been sold.
- Lookup serialized inventory that has been manually retired or retired through a return transaction or a sold transaction.
- Reinstate a previously retired item, making it available again for transactions. This can be useful when an asset can be salvaged using parts from other retired assets.
Bulk and consumable inventory cannot be retired. To remove these items from inventory, either create an inventory adjustment for a negative quantity or use a transaction (Sold transaction type if not issued, return status of Lost or Write Off if issued).
Watch this video for a walk through of reinstating retired items.
Any serialized item that has previously been retired can be reinstated. See Reinstating a Retired Item.
Watch this video on reporting on retired tools & equipment.
Related Reports
Retired Assets, Damaged Tools
See also:
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