Asset Status

In SOMAX, an Asset can have the below Statuses and Availability settings or Asset Dispositions.

1. Active when an Asset is Active, Work Order or Purchase Order charges are allowed 
   1. Availability - In Service 
   2. Availability -  Out of Service
2. Inactive when an Asset is In Active, Work Order or Purchase Order charges are NOT allowed. An Asset should be placed in the In Active status when it is no longer part of the production system. Once Inactive if needed it can be made Active if the need arises.
   1. Availability -  Out of Service
3. Scrap is meant for those Assets that are going to be removed from the books and will no longer be available to be returned to Active. Work Order and Purchase Order charges are NOT Allowed.
   1. Availability -  Out of Service