Asset Lifecycle Management - PSFT (MOSC)

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Canceling a Receipt on an Asset

edited Sep 11, 2012 9:35AM in Asset Lifecycle Management - PSFT (MOSC) 4 commentsAnswered
We had a situation where we did a receipt of an asset and it created the asset.  Then the receipt was canceled.  Everything we read says that it creates a retirement transaction that creates a gain/loss.  We do not want to create a gain/loss.  The accounting was incorrect, just need to change the account.  Any suggestions?

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