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Select Tools > Custom Commands to display the Custom Commands dialog.
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Double-click UpdateLabelsCmd.dll. You can find this macro in the ..\SmartPlant\P&ID Workstation\bin folder.
The UpdateLabelsCmd.dll refreshes the value of the currently placed label properties as displayed on the drawing. The command does not update the label based on modifications made to the label using Catalog Manager. To update the label if changes have been made using Catalog Manager, the label must be replaced in the drawing using Edit > Replace.