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Question about physical inventory purge

edited Apr 23, 2014 12:00PM in Fixed Assets - EBS (MOSC) 1 commentAnswered

We are about to do our first physical inventory using Oracle fixed assets.   I was wondering what the standard practice is once the physical inventory is finished and closed.   Is purging the inventory recommended?  I have a user that is skittish about it, afraid that info might be needed for auditors.  So, I was wondering how other companies handled this.  Thanks.

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