is the proper way to delete a fam asset to dispose of it?

AI generated answer (using internal Slack threads):

Based on the conversations, the proper way to delete a Fixed Asset Management (FAM) asset in NetSuite is not to directly delete it, but to change its status to 'Disposed'. This process involves manually removing all dependent records associated with the asset. However, it's important to note that deleting a FAM asset or its depreciation history records could potentially impact associated journal entries and reports, especially if entries have been posted in closed periods. Therefore, it's crucial to understand the possible impacts before proceeding with the deletion. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******