This chapter contains the topic:
Use the Revaluation Journal program to revalue your assets. The program can be run in preliminary mode to view the projected revaluation amounts or in final mode to update the Item Master (F1201), Item Balance (F1202), and Journal Entries (F0911) tables with these amounts. Unless you specify otherwise, the system updates the cost, primary accumulated depreciation, and secondary accumulated depreciation accounts. You determine which assets or asset groups to revalue through data selection.
From Fixed Assets (G12), choose 27
From Advanced Operations (G1231), choose Revalue Assets Asset Revaluation (G1234), choose Revaluation Journal
To create an unrecognized gain or loss, you can designate a subledger to post the revaluation adjustment. With this method, you can preserve your historical cost while continuing to revalue your assets.
When you select Revaluation Journal, the system displays a DREAM Writer versions list. The DREAM Writer versions list includes DEMO versions that you can run or copy and modify to suit your needs. When you run a version, the system displays Processing Options Revisions before submitting the job for processing.