Revaluing Assets En Masse
This topic lists the page that you use to revalue assets in mass.
You can run the AMREVAL process (Cost Based method) to revalue assets in mass that meet the criteria that you specify. You can also run the AMAUSCAL process (Australian Revaluation or Net Method) or the AMDEPRWRTOFF process (Depreciation Write-Off) in mass. To revalue assets in mass, access the Mass Revaluation page.
Note: All three revaluation methods are available using the Mass Revaluation process: Cost Based (primarily French revaluation), Depreciation Write-Off and the Net Method (Australian revaluation). In contrast, the Revaluation Worksheet only allows the Cost Based and Depreciation Write-Off methods for revaluation.
When the NBV is required for determining the revaluation amount (as is always the case with the AMDEPRWRTOFF), the depreciation reporting table must be loaded prior to performing the revaluation. If you are using the Net Method, you do not need to load the depreciation reporting table prior to revaluation (AMAUSCAL.)
When calculating the revaluation amount, you may select from the following parameters: FV, FV Percentage, NBV Percentage, Cost Percentage or Amount. You may only select one parameter at a time and precedence takes place hierarchically from top to bottom in the order that the parameters appear on the Mass Revaluation run control page. Some parameters may not be available, depending upon the revaluation method that is selected.
Note: The revaluation method selected on the run control page must match the process name that is selected on the process scheduler request page.
Using the AMAUSCAL Process (Australian Revaluation or Net Method)
The AMAUSCAL process for Australian revaluation loads the interface tables and automatically sets the correct load status for each transaction:
RET load status = Pending
REI load status = On Hold
ADJ load status = On Hold
BKS load status = On Hold
This behavior enables the Load Transaction into AM (AMIF1000) process to run just once for all transactions when you input the RET transaction interface ID on the Load Transaction into AM page.
Warning! Do not modify the load status of the On Hold transactions; this is part of the processing behavior that automatically sets the load status and associates the REI, ADJ, and BKS (On Hold) transactions with the RET (Pending) transaction. This behavior enables the Load Transaction into AM (AMIF1000) process to run just once for all transactions when you input the RET transaction interface ID on the Load Transaction into AM page.
Using the AMREVAL Process (Cost Based method)
When using the Cost Based Method (AMREVAL), you should load the depreciation reporting table for all parameters except when using Cost Percentage. The Cost Percentage parameter does not require the depreciation reporting table.
Note: The Cost Based (AMREVAL) and the Depreciation Write-Off (AMDEPRWRTOFF) processes update the FV of the revalued assets.
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Page Name |
Definition Name |
Usage |
|---|---|---|
|
AMREVAL_RQST |
Run a process to revalue, at once, all assets that meet the criteria that you specify. This process loads the interface tables and updates the FV table if applicable; you must then use the Transaction Loader to populate all the asset tables. |
Use the Revaluation en Masse page (AMREVAL_RQST) to run a process to revalue, at once, all assets that meet the criteria that you specify.
This process loads the interface tables and updates the FV table if applicable; you must then use the Transaction Loader to populate all the asset tables.
Navigation:
This example illustrates the fields and controls on the Revaluation en Masse page. You can find definitions for the fields and controls later on this page.
