Defining Activity Codes in Sage Fixed Assets

Activity or Activity Code indicates the activity status of an asset.

Activity Codes are automatically assigned by Sage Fixed Assets – Depreciation during asset activity. The activity status of an asset affects your ability to perform certain functions on the asset. It also affects how the asset appears in reports. For instance, after an asset is disposed, the Activity Code of that asset changes from Active to Disposed. Once disposed, any asset functions cannot be performed on the asset. The asset appears on most reports indefinitely. Two exceptions to this rule are the Depreciation Expense report and the Adjusted Current Earnings report, where a disposed asset appears on the report only until the end of the year in which it was disposed. On reports in which it does appear, the system flags the asset as disposed by placing a “D” in the Key column of the report.

ACTIVITY STATUS CODE DEFINITIONS:

• A – Active, Active Asset
• D – Disposed, Disposed Asset
• I – Inactive, Inactive Asset (other than codes F, J, K, L, M, and N)
• F – Whole, Asset that was disposed of when fully transferred and is inactive.
• J – Partial, Asset that was partially disposed of and is inactive.
• K – Whole, Asset that was fully transferred to another company or within the company and is inactive.
• L – Partial, Asset that was partially transferred to another company and is inactive.
• M – Partial, Asset that was partially transferred within the company and is inactive.
• N – Partial, Asset that was disposed of when partially transferred and is inactive.