Create an Asset Cost Revaluation Transaction

Revalue assets using either the Cost method or the Net Book Value method.

In this example, you create a revaluation transaction using the Cost method.

Before You Start

1. Set up revaluation rules for the asset book.

2. Set up revaluation default accounts for the asset category.

Create a Revaluation Transaction

1. On the Assets page, click the Revalue Assets panel tab.

2. On the Revalue Assets page, click the Create icon.

3. Select the book REVAL BOOK and click Next.

4. On the Create Revaluation page, enter the transaction group name: sample revaluation.

5. Select Cost as the method.

6. Enter these values:

   Field	Value
   Asset Type	Capitalized
   From Asset Number	00010
   To Asset Number	00099
   Value Type	Percent
   Percent	10

7. Click Submit.