Revalue: Asset depreciation
[Assets: Management, Revalue assets]
Make a selection of fixed assets and click the 'OK' button to revalue those assets. See [Processing functions].
Criteria tab
The general usage of this screen is explained in the System manual. However, some of the fields may differ depending on the functionality. Fields that are not explained in the System manual will be explained here.
Description
Enter a description for the revaluation process, if necessary.
Revaluation method
Select the revaluation method. There are two options available:
- {Amount} - To change the value of the selected fixed assets with a fixed amount
- {Percentage} - To change the value of the selected fixed assets by a percentage of the basic amount.
Modification amount
Enter the modification amount that you want to change for the selected fixed assets. This setting is enabled when revaluation method is {Amount}.
Modification percentage
Enter the modification percentage that you want to change for the selected fixed assets. This setting is enabled when revaluation method is {Percentage}.
Depreciation adjustment
Enable this setting if you want to adjust the cumulative depreciation so far. If you have enabled this setting, you are asked to select when the depreciation adjustment has to be entered.
Date
Enter the transaction date as when the selected fixed assets are revalued.
Journal number: Depreciation
This setting is only available when you have enabled 'Depreciation adjustment'. Select the journal that you want to use for recording depreciation adjustment when revaluing the selected fixed assets.
Higher depreciation
This setting is only available when you have enabled 'Depreciation adjustment'. Select either {End of turnaround time} or {Extra depreciation} to revalue the fixed asset with a positive amount. Select {End of turnaround time} if you want to enter the depreciation adjustment at the end of the useful life of the fixed asset. If you want to enter the depreciation adjustment immediately, then select {Extra depreciation}.
Lower depreciation
This setting is only available when you have enabled 'Depreciation adjustment'. Select either {End of turnaround time} or {Extra depreciation} to correct the depreciation due to a negative revaluation. Select {End of turnaround time} if you want to enter the depreciation adjustment at the end of the useful life of the fixed asset. If you want to enter the depreciation adjustment immediately, then select {Extra depreciation}.
Fixed Assets Manual >
Contents >
Managing your fixed assets >
[Assets: Management, Revalue assets]
| Main Category: |
Support Product Know How |
Document Type: |
Online help main |
| Category: |
On-line help files |
Security level: |
All - 0 |
| Sub category: |
Details |
Document ID: |
18.359.075 |
| Assortment: |
Exact Financials
|
Date: |
15-12-2008 |
| Release: |
|
Attachment: |
|
| Disclaimer |