Assets - Performing a Mass Change

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Distribution

Director of Fixed Assets Accounting

FA Administrator

FA Plant Funds Manager

FA Specialist

Related Procedures

None.

Ownership

The Director of Fixed Assets Accounting is responsible for ensuring that this document is necessary, that it reflects actual practice, and that it supports corporate policy.

IS Assets
N ® Mass Transactions ® Changes
Mass Changes

Mass Changes

How to Use Mass Changes to Adjust a Group of Assets

1. In the Mass Changes window, enter the book to which the assets belong.

2. Select the assets that you want to change. Specify the asset numbers, dates placed in service, and category for which the Mass Change applies.

3. Select whether to Change Fully Reserved Assets and specify changed information in the "Before" column.

4. Specify the new financial information for these assets in the "After" column.

5. Select whether to Amortize Adjustments. IS Assets assigns a mass transaction number to the definition.

6. Click [Preview] to run the Mass Change Preview Report and view the effects of the Mass Change before you perform it. Update the definition and run the preview report again.

7. Click [Run] to perform the Mass Change.

8. To review a completed mass change, click [Review\. IS Assets runs the Mass Change Review Report.

Effective: 08/16/04

Revision: 2

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