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.