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Retirement of an asset in the period of service in date

in Assets

Hi Team,

I have a question regarding the retirement of a fixed asset within its service-in period. I came across some documentation online stating that certain conditions must be met for an asset to be eligible for retirement. However, in my testing, this doesn’t seem to be the case. Could someone please confirm?

Restrictions on Retirements and Reinstatements
Retiring Assets Restrictions
• You cannot retire an asset that you added in the current period.

  • Instead, enter it as a prior period retirement after you close the current period.
  • Optionally, select Edit–>Delete Record from the menu in the Asset Details window
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