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Use > Run > Financial Management > Fixed Assets > Fixed asset workflow

Fixed asset workflow

This section describes the metaphases and subordinate phases in the life cycle of a fixed asset.

The fixed asset workflow relies on business rules. Rules repeat from one phase to another when the end user can make a change to a field affected by a business rule during that phase.

Metaphase: Draft

The fixed asset is in draft phases, prior to reconciliation.

Metaphase: Active

The fixed asset is effective and in execution stages.

Metaphase: Ended (End)

The fixed asset's life cycle has ended.

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