What is ment by Reclassification of Assets

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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oracleapps1983
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What is ment by Reclassification of Assets

Post by oracleapps1983 »

Hi can anyone tell me what is reclassification in Assets. What is it purpose and Why it has to be done
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