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reclassify old inventory (wrongly created ) in past as fixed asset

To reclass inventories to fixed assets which were incorrectly created years ago.

Client want to

  • Setup fixed asset master

  • -Fixed asset configuration for post capitalization

  • -Fixed asset values to be captured since day 1 with APC/UL

Is ABNAN right solution ?

MM has to write off open PO's , setup inventory as non valuated and write off inventory value to Fixed asset

Dear collegues,

Please share your feedback on the issue.

Thanks

Saurabh

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