Mass asset adjustments

Use the mass asset adjustment when you adjust multiple assets at a time.

After creating mass changes to asset and asset book data, the system-generated Global Ledger journal entries are automatically added and cannot be changed or rejected online.

You can select these fields to be adjusted:

  • Company
  • Location
  • Division
  • Asset group
  • Transaction Dimensions

For example, you can change the type, transaction dimensions, or dimension code for several assets within the same company, location, or division. You can use mass adjustments if a corporation has reorganized its Global Ledger reporting hierarchy and is required to move all assets to accounting that are currently in administration.