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Insurance tab in asset master

What does the manual update field on the insurance tab in the asset master used for? When I tried to close the year in asset accounting, if that field is not ticked, it is giving an error. I was planning to run a CATT to tick that field for all the assets and also make it a required field. Let me know if that going to give us any issue in future.

Thanks

Former Member
replied

Test it and see. The system should tell you if you need prior year data.

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