Setting Up Default Revaluation Accounts

Access the Default Assets Revaluation Accounts Revisions form.

Asset Cost Object

Enter the object and subsidiary of the account associated with the asset that you want to revalue.

Reval. Asset Cost (revaluation asset cost)

Enter the account to update with the revaluated cost when you run the Revaluation Journal (R12845) program. Enter the account using the standard format BU.OBJ.SUB.

Reval. Accum. Depreciation (revaluation accumulation depreciation)

Enter the account to update with the revaluated accumulated depreciation amount when you run the Revaluation Journal program. Enter the account using the standard format BU.OBJ.SUB.