Status Code Effect

Within the system, the above phases are referred to as ‘Status Effects’. These are predefined codes that impact the behaviour of status codes of each type. A status code’s effect cannot be modified after initial creation. Following is a description of each built-in status effect:

Proposed:

Assets that have not yet been commissioned, but are included in the asset portfolio for information and data tracking. Assets at with status codes of this type cannot have financial ledger transactions logged against them.

Active:

Assets that form part of the normal asset portfolio.

Inactive:

Assets that are no longer part of the asset portfolio. These assets typically represent those that have been fully disposed and/or removed from service. Assets at with status codes of this type cannot have financial ledger transactions logged against them.