Asset Accounting provides you with three possibilities for mass processing. Mass changes to master records, mass retirements, and the mass transfer of assets.

The changes you make to the master records are automatically processed to a large extent. You first define the change rules, then you select the relevant assets, and finally you execute the changes. This method could be used, for example:

• If changes are made to cost center planning and the cost center assignments of the affected assets need to be changed.
• During period-end closing, when the depreciation parameters need to be changed.
• Following legacy data transfer, when fields are to be filled with values that could not be transferred from the legacy system.
• Changes made at the asset class level only apply to newly created assets. Therefore, any changes made at asset class level must also be carried out for all existing assets.

You use a work list to select the assets required for the mass retirement. When you generate a work list, you need to specify whether the retirement is to be made with or without revenues.