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How do I apply formatting to already-entered data? (Phone, First Name, Last Name, etc.)

Question asked by kelpgriffin on Oct 17, 2012
Latest reply on Nov 26, 2013 by erolst

I have a database consisting of roughly 1,700 contacts. How do I update formatting such that it applies to already entered information? Should I run a script? If so, how should I write the script?