CI default lifecycles

CI entities also have a default lifecycles, but those can be edited and adjusted to your specific requirements. For CI entities there is a number of default lifecycles based on CI type. You can create custom lifecycle also for other CI types.

In following table are stages for default CI lifecycles:

For type Asset there are added statuses that are not shown in lifecycle view, Leased, Leasing expired and Sold. Status Leased is automatically set when a leasing contract starts for the CI. This status cannot be manually changed, only way to change it is to terminate the leasing. When leasing period ends status is changed to Leasing expired or Sold due to the leasing expiration option. From Leasing expired you can manually change to e g In Use or Disposed. From Sold status no other status can be selected.