If an asset has been disposed of incorrectly in COINS, you can reverse the disposal to restore the asset to Available status. Before you begin, complete the pre-reversal checklist to confirm the reversal can be processed successfully.
Pre-reversal checklist
Confirm all of the following before reversing a disposal:
The asset is not a Cross-hire or Stock type.
The disposal record exists and has not already been reversed.
The original disposal batch and its General Ledger (GL) journal are fully posted.
If Job Costing (JC) is active with cost management, no depreciation has been distributed to contracts since the reversal.
The FA/DRVSJOUR parameter is set (the GL transaction type for the reversal).
The correct FA financial period is open.
You have reviewed the GL postings that will be generated on reversal.
⚠️ Important: If FA/SLFALINK = Y, the original disposal may have created a Sales Ledger invoice. The reversal does not automatically reverse or credit that invoice. You must raise a manual credit note in the Sales Ledger module.
Reverse the disposal
Fixed Assets > Adjustments and Revaluations > Reverse Disposal
Enter the Period and the Asset Number and click Next
This will reverse the disposal and produce a posting report
Open the asset record and click the Disposal tab to confirm the reversal. The status shows as Reversed.
After the reversal, the asset returns to Available status and can depreciate or be dispatched again.
Reverse a disposal reversal
COINS includes a separate Reverse Disposal Reversal option to undo a disposal reversal.
Fixed Assets > Adjustments and Revaluations > Reverse Disposal
Enter the Period and the Asset Number and click Next
