Apply Book Defaults is used to populate an empty book with default values based on the the values in the Tax book.

1. Close all other books except Tax book and the book you need to change.
   1. Go to File, Edit Company.
   2. Change the Open Book from YES to NO to ensure the existing data will be preserved in the closed book(s).
   3. Click OK to save changes.
2. Apply book defaults:
   1. In the Asset Detail view, click on Apply Book Defaults from the Assets Navigation Pane.
      • Or go to Asset, Apply Book Defaults
   2. Click Yes.
      Note: Apply Book Defaults will populate critical field data into all open books based on the information in the TAX book. These values may differ from the TAX book and are based on IRS/GAAP guidelines
   3. Click Save to keep the changes.
3. Once you complete the process on all desired assets:
   1. Go to: File, Edit Company.
   2. Change the Open Book from NO to YES on the books closed in step 1.
   3. Click OK to save the change.

[BCB:165:Chat Fixed Assets US:ECB]