Asset Revaluation Value Types

Value types allow you to revalue assets using values based on percentage, amount, fair value, and price index. All value types are valid when you use the cost method.

When you use the net book value, only the following value types are valid:

• Percent

• Amount

• Fair Value

Cost Method

When using the Cost revaluation method, Oracle Assets revalues the cost and net book value differently depending on the value type you select. The depreciation reserve is always calculated as:

Cost - Net Book Value - Impairment Reserve

The following table shows the value types that allow you to proportionately revalue the cost, depreciation reserve, and net book value by percentage:

Value Type	Calculation
Percent	Restates the cost and net book value by the entered percentage.
Amount	Increases or decreases the cost by the entered amount. Restates the net book value proportionately with the change in cost.
Fair Value	Restates the net book value to the entered fair value. Restates the cost proportionately with the change in net book value.
Price Index	Restates the cost and net book value by the rate of movement in the price index value.

The following table shows the value types that allow you to revalue the cost, depreciation reserve, and net book value by different amounts.

Value Type	Calculation
Percent and Fair Value	Restates the cost by the entered percentage. Restates the net book value to the entered fair value.
Amount and Fair Value	Increases or decreases the cost by the entered amount. Restates the net book value to the entered fair value.

Net Book Value Method

The following table shows how each value type calculates revaluation when you use the Net Book Value method:

Value Type	Calculation
Percent	Restates the remaining cost after adjusting the accumulated depreciation and impairment reserve by the entered percentage.
Amount	Increases or decreases the remaining cost after adjusting the accumulated depreciation and impairment reserve by the entered amount.
Fair Value	Restates the remaining cost after adjusting the accumulated depreciation and impairment reserve to the entered fair value.