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Updating Sub Class Codes will a Subclass Code does not update existing capital assets with the changes that were made 

Updating

a Subclass Code does not update existing capital

asset with the changes that were made 

• Existing Assets will either need to be updated manually or with a transaction 
  • Updates to the Subclass Code that affect Depreciation will need to be updated with an Adjustment Transaction
  • Updates to the SubClass Code that affect General Ledger Accounts or Location will need to be updated with a Change Asset Codes/Accounts Transaction 
  • All other updates can be done manually from the Adjustments and Retirements program