Thank you for supporting the Cloud Customer Connect Community in 2024. It's a gift to work with you!

Look back
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Projects-Is there a way to MASS update "Amortize adjustment" flag in the "Manage Capital Projects"?

We are currently updating the fixed assets corporate book to have all adjustments be amortized going forward.

Existing assets: we are doing the penny adjustment 0.01 and then -0.01 for the assets to have them all amortize the NBV for existing assets.

New projects: we are changing the way the projects are made so that the “Amortize adjustment” flag is checked when the project is created.

QUESTION: Existing Projects: we have around 2,000 active projects that do not have the “Amortize adjustment” flag checked. The only thing I’ve found so far is to go to “Manage Capital Projects” and individually select each project then select the checkbox for each task. That is not a viable solution due to the number of projects we have.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!