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How to: Mark an asset as pending surplus

Mark an asset for disposition/retirement

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Written by Mariana Traetta
Updated over 2 years ago
  1. From the Dashboard on your tablet or laptop, select the ADD STATUS button under the individual asset you wish to mark for retirement or removal:

  2. Select the ‘Pending Surplus’ STATUS DESCRIPTION:

  3. You can also make multiple retirement selections by clicking on the check-boxes on the left-hand side and selecting the MARK FOR RETIREMENT option at the bottom of the screen:

  4. From the Dashboard on your mobile device, you would select the asset(s) via check-boxes on the left-hand side and click on the number at the top right-hand side to mark them for retirement:

  5. Select the appropriate additional information field based on what happened to the item. Click SAVE.

    1. Disposed: Asset has been trashed, junked or sent to property surplus for disposition.

    2. Traded-In: Asset was traded-in to vendor and trade-in credit was applied in purchase of another item.

    3. Cannibalized: Asset was broken into parts and no longer exists or functions in its original form.

    4. Obsolete – Not in Use: Asset is obsolete and will not be put back into use.

    5. Sold: Asset was sold to another institution or person in exchange for proceeds.

    6. Taken to Another Entity: Asset was permanently transferred to another entity by staff or faculty departing institution. If this option is selected, please specify name of institution:

    7. Stolen: Asset has been stolen.

    8. No Longer Functional: Asset no longer functions in its original form and there are no plans to fix it.

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