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.