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Any items that may have been entered without an asset class prior to the GAAP flag being set will not require an asset class code to be assigned. However, these items will appear in the 'unclassified' column on the Fixed Assets by Function/Class report. It is recommended that all items entered on the system be assigned an asset class.
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If an Asset Class does not contain any related transactions (items, acquisitions, dispositions, etc), the Asset Class code will not be imported into Core>Asset Classes. If can re-add the missing asset class if you desire. |