Record an impairment loss

Records an impairment write-down. Posts DR Impairment Loss / CR Accumulated Depreciation (or a dedicated impairment-allowance account when seeded). The impairment_amount may NOT exceed the current net book value (cost_basis minus accumulated_depreciation); attempts to over-impair return 400 IMPAIRMENT_EXCEEDS_NBV.

Use this for permanent declines under US GAAP ASC 360 or IFRS IAS 36. For temporary write-downs that may later reverse, see POST /recover_impairment. Rule 21 enforces GL postability + balance. Idempotent when Idempotency-Key is supplied.

POST /fixed_assets/{id}/impair

Record an impairment loss

cURL

curl --request POST \
  --url https://api.arcuserp.com/v1/fixed_assets/{id}/impair \
  --header 'Authorization: Bearer <token>' \
  --header 'Content-Type: application/json' \
  --data '
{
  "impairment_amount": 8500,
  "impairment_date": "2023-12-25",
  "reason": "Annual impairment test triggered by reduced cash-flow projections.",
  "fair_value": 123
}
'

import requests

url = "https://api.arcuserp.com/v1/fixed_assets/{id}/impair"

payload = {
    "impairment_amount": 8500,
    "impairment_date": "2023-12-25",
    "reason": "Annual impairment test triggered by reduced cash-flow projections.",
    "fair_value": 123
}
headers = {
    "Authorization": "Bearer <token>",
    "Content-Type": "application/json"
}

response = requests.post(url, json=payload, headers=headers)

print(response.text)

const options = {
  method: 'POST',
  headers: {Authorization: 'Bearer <token>', 'Content-Type': 'application/json'},
  body: JSON.stringify({
    impairment_amount: 8500,
    impairment_date: '2023-12-25',
    reason: 'Annual impairment test triggered by reduced cash-flow projections.',
    fair_value: 123
  })
};

fetch('https://api.arcuserp.com/v1/fixed_assets/{id}/impair', options)
  .then(res => res.json())
  .then(res => console.log(res))
  .catch(err => console.error(err));

<?php

$curl = curl_init();

curl_setopt_array($curl, [
  CURLOPT_URL => "https://api.arcuserp.com/v1/fixed_assets/{id}/impair",
  CURLOPT_RETURNTRANSFER => true,
  CURLOPT_ENCODING => "",
  CURLOPT_MAXREDIRS => 10,
  CURLOPT_TIMEOUT => 30,
  CURLOPT_HTTP_VERSION => CURL_HTTP_VERSION_1_1,
  CURLOPT_CUSTOMREQUEST => "POST",
  CURLOPT_POSTFIELDS => json_encode([
    'impairment_amount' => 8500,
    'impairment_date' => '2023-12-25',
    'reason' => 'Annual impairment test triggered by reduced cash-flow projections.',
    'fair_value' => 123
  ]),
  CURLOPT_HTTPHEADER => [
    "Authorization: Bearer <token>",
    "Content-Type: application/json"
  ],
]);

$response = curl_exec($curl);
$err = curl_error($curl);

curl_close($curl);

if ($err) {
  echo "cURL Error #:" . $err;
} else {
  echo $response;
}

package main

import (
	"fmt"
	"strings"
	"net/http"
	"io"
)

func main() {

	url := "https://api.arcuserp.com/v1/fixed_assets/{id}/impair"

	payload := strings.NewReader("{\n  \"impairment_amount\": 8500,\n  \"impairment_date\": \"2023-12-25\",\n  \"reason\": \"Annual impairment test triggered by reduced cash-flow projections.\",\n  \"fair_value\": 123\n}")

	req, _ := http.NewRequest("POST", url, payload)

	req.Header.Add("Authorization", "Bearer <token>")
	req.Header.Add("Content-Type", "application/json")

	res, _ := http.DefaultClient.Do(req)

	defer res.Body.Close()
	body, _ := io.ReadAll(res.Body)

	fmt.Println(string(body))

}

HttpResponse<String> response = Unirest.post("https://api.arcuserp.com/v1/fixed_assets/{id}/impair")
  .header("Authorization", "Bearer <token>")
  .header("Content-Type", "application/json")
  .body("{\n  \"impairment_amount\": 8500,\n  \"impairment_date\": \"2023-12-25\",\n  \"reason\": \"Annual impairment test triggered by reduced cash-flow projections.\",\n  \"fair_value\": 123\n}")
  .asString();

require 'uri'
require 'net/http'

url = URI("https://api.arcuserp.com/v1/fixed_assets/{id}/impair")

http = Net::HTTP.new(url.host, url.port)
http.use_ssl = true

request = Net::HTTP::Post.new(url)
request["Authorization"] = 'Bearer <token>'
request["Content-Type"] = 'application/json'
request.body = "{\n  \"impairment_amount\": 8500,\n  \"impairment_date\": \"2023-12-25\",\n  \"reason\": \"Annual impairment test triggered by reduced cash-flow projections.\",\n  \"fair_value\": 123\n}"

response = http.request(request)
puts response.read_body

200

{
  "data": {
    "asset_id": "3c90c3cc-0d44-4b50-8888-8dd25736052a",
    "impairment_amount": 123,
    "journal_entry_id": "3c90c3cc-0d44-4b50-8888-8dd25736052a",
    "history_id": "3c90c3cc-0d44-4b50-8888-8dd25736052a",
    "new_book_value": 123
  }
}

{
  "error": "not_found",
  "code": "not_found",
  "type": "not_found",
  "hint": "The requested order does not exist or does not belong to this entity.",
  "param": "expand[0]",
  "required": "accounts:read",
  "request_id": "req_abc123"
}

{
  "error": "not_found",
  "code": "not_found",
  "type": "not_found",
  "hint": "The requested order does not exist or does not belong to this entity.",
  "param": "expand[0]",
  "required": "accounts:read",
  "request_id": "req_abc123"
}

Authorizations

Authorization · string · header · required

API key issued per entity via Settings > Developers > API Keys. Each key carries scopes (e.g. orders:read, products:write). Bearer token format: Authorization: Bearer ark_live_ent_Test keys use ark_test_ent_. Both are issued per entity
via Settings > Developers > API Keys.

Headers

Idempotency-Key · string

Client-generated unique key for idempotent POST/PATCH/DELETE operations. Alias for the Idempotency parameter. Max 255 chars. On retry with the same key, the original response is returned without re-executing the operation. Keys expire after 24 hours.

Maximum string length: 255

Path Parameters

id · string<uuid> · required

Body

application/json

impairment_amount · number<float> · required

Required range: x >= 0.01

Example:

8500

impairment_date · string<date>

reason · string

Example:

"Annual impairment test triggered by reduced cash-flow projections."

fair_value · number<float>

Optional fair-value-less-costs-to-sell at the impairment date.

Response

200

application/json

Impairment posted (response includes journal_entry_id and history_id)

data · object

Show child attributes