Retire assets

When a capital asset is no longer functional, is being externally transferred, or has been lost, discarded, cannibalized, stolen, and/or destroyed, it should be removed from the CAM system via asset retirement.
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Required documentation

As part of the asset retirement process, the Role 6 CAM Processor is responsible for attaching the appropriate documentation that supports the decision to retire the asset. Examples of appropriate supporting documentation for asset retirement include:

Infographic echoing the examples of appropriate capital asset retirement documentation