Property and Equipment Retirement Codes

Property & Equipment Retirement Codes
DisposalĀ and Retirement Codes and Definitions
Asset Management People Soft ( AMPS)
Field Value Description (AMPS)
A Abandonment
C Cannibalize for Other Assets
D Disappeared Assets
F Disposal Due to Theft
I Returned to Inventory
L Like Kind Exchange
M Missing Asset
N Donated to External Group
R Scrapped Assets
S Retirement by Sale
T Traded In for another Asset
Y Casualty Loss