The AM Relife form can be accessed from various forms and screens throughout the Asset Management module and will be displayed where the Relife transaction has a status of
.
The AM Relife form will open:

The following fields will be displayed on the AM Relife form:
- Asset Code: This field will display the code of the Asset and cannot be changed.
- RelifeTransaction Code: This field will display the transaction code for the Relife transaction and cannot be changed.
- Reference 1: This field will contain the reference for the transaction and cannot be changed. Please note: this field may have a different label dependent on your configuration.
- Asset Description: This field will contain the description of the Asset and cannot be changed.
At the bottom right of this field is a
button. Clicking on this button will open the AM Asset Book Values Before the Transaction screen, detailing values of the Main Asset Book before the Relife transaction. This screen is further detailed in the Asset Book Values section.
- Asset Book: This will display the Asset Book for the Asset and cannot be changed.
- Reference 2: This is a second reference field that may include a second reference to further identify the transaction. Dependant on your configuration this field may not be displayed and if displayed may have a different label and will either be a mandatory or an optional field. The reference in this field can be changed or, where the field is blank, a new reference can be added as required.
- Relife Date: This field will include the date of the Relife transaction and can be changed if required.
- Relife Reason: An option may have been selected in this drop-down field to provide a reason for the Relife transaction and can be changed if required. Where the fields is blank an option can be added as required. Reasons are defined as detailed in the Reasons section within Asset Admin.
- Changed Estimated Life Left: This option will only be displayed where the Depreciation Method specified on the Asset Book is not Units of Use. Where displayed it will only be enabled if it has been configured to be available, in which case this option can be selected and deselected as required. Where this option is selected the following fields will also being displayed:

These are:
- Estimated Life Left: This field may include an amount for the time period in the Estimated Life Left (Time Units) field immediately below this field, e.g. 2, and can be changed if required. This will change the amount in the Estimated Life Left field on the Asset Book.
Please note: The amount in the Estimated Life field on the Asset will also be recalculated from the date in Depreciation Start Date field on the Asset.
- Estimated Life Left (Time Units): This field will display the relevant time period, e.g. month or years, and can be changed if required.
- Changed Estimated Life Left (Units): This option will only be displayed where the Depreciation Method specified on the Asset Book is Units of Use. Where displayed it will only be enabled if it has been configured to be available, in which case this option can be selected and deselected as required. Where this option is selected the following fields will be displayed:

These are:
- Estimated Life Left (Units): This field may include an amount for the Units of Measure for the Estimated Life Left (UOM) field immediately below this field, e.g. 100, and can be changed, if required. This will change the amount in the Estimated Life Left Units field on the Asset Book.
- Estimated Life Left (UOM): The details on this field shows the Units of Measure for the number of Units in the Estimated Life Left (Units) field immediately above, e.g. miles. This is for information purposes only and cannot be changed.
- Change Residual Value: This option will only be enabled if it is configured to be available, in which case it can be selected and deselected as required. Where selected the following field will be displayed:

This field is:
- Residual Value: An amount may be included in this field that will replace the residual value of the Asset and the amount can be changed or where the field is blank a new amount can be added as required.
- Next Review Date: This field is an optional field on the Asset and can be used via the Reporting functionality to review Assets in a timely manner. Dependant on your configuration this field may not be displayed on the AM Relife form and if displayed will either be a mandatory or an optional field. If displayed a date may be included and can be changed if required. Where the field is blank a date can be added. This will change the Next Review Date field on the Asset.
- Comments: Dependant on your configuration this field may not be displayed. Where it is displayed it will either be a mandatory or an optional field.
Where it is a mandatory field, further details of the Relife transaction will be displayed and can be changed or amended as required.
Where it is an optional field further details on the Relife transaction may be displayed and can be amended, added to or removed, as required. Where the field is blank details can be added.
- Process Parents: This option will be available where the Asset has one or more Child Assets, i.e. it is a Parent Asset. Further details will be provided at the top of the form:

Please note: the number of Children in this field will not include any Child Assets that have been Disposed or have been Cancelled. In addition Assets with a Depreciation Method specified on the Asset Book of Units of Use will not be able to include any Child Assets as part of the processing for Relife transactions.
Where this option is selected this Asset, i.e. the Parent Asset, will be processed. This option can be deselected where only the Child Assets are to be processed, i.e. those that have not been Disposed or Cancelled. Some of the fields detailed above will be used when processing these Child Assets such as the Relife Reason and Comments.
- Process Children: This option will be available where the Asset has one or more Child Assets, i.e. it is a Parent Asset. Where both the Parent and its Children are selected to be processed there will be the option to process any Child Asset that has a status of
at the same time as the Parent. This option can be selected or deselected as required.
Please note: Only Child Assets that have not been Disposed or Cancelled will be processed. In addition Assets with a Depreciation Method specified on the Asset Book of Units of Use will not be able to include any Child Assets as part of the processing for Relife transactions. The Depreciation Method can be found on the Grid at the bottom of the AM Asset Maintenance form of the Asset.
- Status: This will be set to
and you will not be able to change this field.
Another field near the top of the form will also provide details where the Asset is a Child of another Asset:

The buttons at the bottom of the form are as follows:
: Click on this button to save any further changes to the fields on the form as well as to any changes to any Grid displayed at the bottom of the form.
: Click on this button to delete the transaction. A message will be displayed asking for confirmation that the transaction is to be deleted. Please note the transaction can only be deleted where the Status is set to
.
: Clicking on this button will now clear all the fields on the form as well as any Grid displayed at the bottom of the form. The initial version of the form will be displayed where you can create a new Relife transaction or view an existing one.
: Clicking on this button will allow you to add a Note with regard to the Relife transaction. Where there is an existing Note the button will be displayed as
. This is further detailed in the Notes section.
: Clicking on this button will open the Audit Info screen, providing audit details of the Relife transaction. This is further detailed in the Audit Info section.
: This button will only be enabled where the Asset is a Parent Asset, i.e. it has one or more Child Assets. Clicking on this button will open the AM Asset's Children form, displaying the Asset's Children. This form is further detailed in the Assets Children section.
: This button will only be enabled where the Asset is a Child Asset, i.e. it has a Parent.
Another field near the top of the form will also provide details where the Asset is a Child of another Asset:

Clicking on the
button will open the AM Asset's Parents form, displaying the Asset's Parents. This form is further detailed in the Assets Parents section.
: Clicking on this button will complete the Relife transaction
Where the Process Child option has been selected on the form ensure that the Process Child column in the Grid at the bottom of the form is also selected.

Where more than one Line is included in the Grid select this column for each Child that is to be processed.
Also ensure that the following columns are also completed as required for each Child that is to be processed:
- Change Estimated Life. This option may be selected in order to change the Estimated Life of the Child Asset and the option can be selected or deselected as required. Where selected ensure that the correct details have been or are added to the following columns.
- Estimated Life Left: Where the Change Estimated Life option is selected, as detailed immediately above, ensure an amount for the new estimated life for the time period in the Estimated Life Left (Time Units) column as detailed immediately below, has been added to this column.
- Estimated Life Left (Time Units): Where the Change Estimated Life option is selected, as detailed above, ensure the relevant time period e.g. month or years, has been selected in this drop-down field for the amount added in the Estimated Life Left column detailed immediately above. This column will default to the current option in the Child's Asset Book and changing it will also change the option in this Asset Book.
- Changed Residual Value: This option may be selected in order to changed the residual value of the Child Asset and the option can be selected or deselected as required. Where selected ensure that the correct details have been or are added to the following column:
- Residual Value: Where the Changed Residual Value option is selected, as detailed immediately above, ensure an amount is added to this column as the new residual value for the Child Asset.
Once the
button has been selected the form will change to a read only version of the AM Relife form where no further changes can be made and the Status of the Relife transaction will change to
. This form is further detailed in the AM Relife (Readonly) form section.