Depreciate and dispose assets

Goal

Charge depreciation for active assets and dispose assets that leave service.

Who it is for

asset.manage.

Statuses

active → fully_depreciated (via depreciation) or disposed.

Steps — run depreciation

1. Open an asset and choose Depreciation schedule when you need to review its theoretical lifetime milestones before posting. This read-only projection does not subtract charges already recorded.
2. On Fixed Assets choose Run depreciation.
3. Optionally set as of date (defaults to service “today” when omitted).
4. Confirm. BlueMatrix charges each active asset (straight-line monthly basis toward depreciable base), posts one combined journal, updates accumulated depreciation / last depreciated on, and may set fully_depreciated.

Steps — dispose

1. Prefer the dispose API with date, proceeds, and disposal reason when setup require disposal reason is on (422 if missing).
2. List delete on a non-disposed asset marks status disposed (soft dispose) after confirm — use when the UI trash action is the available path.
3. Disposed assets drop out of future depreciation runs.

Hard stops

• Disposal without required reason → 422 on disposal_reason_id.
• Period / system account issues → posting errors on depreciation.

Result

Books reflect depreciation expense; disposed assets leave the active register.

Related

• Setup
• Troubleshoot
• Periods