Revalue Assets

The following explanations will help you to adjust values of fixed assets, post appreciation, and post write-down transactions.

Indexation

Indexation is used to adjust values for general price-level changes. The Index Fixed Assets batch job can be used to change various amounts, such as write-down amounts, salvage values, or appreciation values.

Posting Appreciation Transactions

Appreciation is an increase in the value of a fixed asset, typically land and buildings. It can also be used for a fixed asset such as an oil platform, that increases in value because of an increase in demand for the item.

To post appreciation transactions to a depreciation book for which appreciation has G/L integration, you must use an FA G/L journal.

To post an appreciation transaction to a depreciation book for which appreciation does not have G/L integration, you must use an FA journal.

Posting Write-Down Transactions

You can use this feature to write down an asset when its value has decreased. An example is a machine which has been damaged but can still be used. The book value of a fixed asset is reduced by posting a write-down entry.

To post a write-down entry to a depreciation book for which write-down has G/L integration, you must use an FA G/L journal.

To post a write-down to a depreciation book for which write-down does not have G/L integration, you must use an FA journal.

The following table describes a sequence of tasks, with links to the topics that describe them. These tasks are listed in the order in which they are generally performed.

To See

Use the Index Fixed Assets batch job to calculate the replacement costs of fixed assets.

How to: Adjust Values of Fixed Assets

Post an appreciation transaction to a depreciation book for which appreciation does not have general ledger integration.

How to: Post Appreciation Transactions from Fixed Asset Journals

Post appreciation transactions to a depreciation book for which appreciation may have general ledger integration.

How to: Post Appreciation Transactions from Fixed Asset General Ledger Journals

Post a write-down to a depreciation book for which write-down does not have general ledger integration.

How to: Post Write-Down Transactions from Fixed Asset Journals

Post a write-down entry to a depreciation book for which write-down has general ledger integration.

How to: Post Write-Down Transactions from Fixed Asset General Ledger Journals

Post an additional acquisition cost for a fixed asset the same way that you post the original acquisition cost: from a purchase invoice or from an FA journal.

Additional Acquisition Costs

See an example in which acquisition costs are posted.

Example - Posting Additional Acquisition Costs

See Also

Tasks

How to: Set Up Posting Types

Other Resources

Index Fixed Assets
Index Fixed Assets