Find the assets you want to reclassify

Find the assets you want to reclassify. -Specify the corporate book on which you want to run reclassification.

-Optionally specify other asset selection criteria in the following fields: Asset Type-Expense Accounts-Location-Group Asset-Employee Name-Employee Number-Category -Asset Key-Cost Range-Asset Numbers and Dates in Service. - Enter the new category.

Copy category descriptive flexfield to new category: Specify if you want the current category descriptive flexfield information copied to the new category. If you do not choose to copy the flexfield information, the current category Descriptive flexfield information will be deleted. Inherit description rules of new category: Specify whether to inherit the depreciation rules of the new category. If you choose to inherit the depreciation rules of the new category, specify whether to amortize the changes. Click (B) Preview to run the Mass Reclassification Preview report. Query the Mass Transaction number and choose Run to submit the Mass Reclassification concurrent process.