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If the GAAP flag is checked, you may delete capitalized assets with an acquisition date in the current an open period. If the capitalized item was acquired in a prior year, you cannot delete the item. Instead, you must post a disposition. Items that incorrectly have a status of "D" will either need to be re-entered or the Disposition transaction will need to be deleted. Non-capitalized assets may be deleted regardless of their acquisition date.
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