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Former Member
Sep 13, 2011 at 11:09 PM

Asset Accounting : Reduce value of multiple assets in the current year

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Hi All

Due to an tax ruling I need to reduce the value of some 380 assets by some small amounts varying from 30 to 9000$

This amount was added to assets earlier and now the user has received a refund and wants to allocate them across all the assets .These acqusitions had been done in the previous years and the posting of the reduction needs to be in the current year

Any suggestions as to what would be the best method to go about this?