1. Implementing Assets
  2. Create a Price Index

Create a Price Index

This example shows how to create a price index you use to calculate revaluation amounts.

Create a Price Index

  1. Navigate to the Manage Asset Price Indexes page.

  2. Click the Create icon.

  3. Enter the information shown in this table:

    Field

    Value

    Name

    Machinery and Equipment Price Index

    Description

    Machinery and Equipment Price Index

    Calendar Name

    Monthly

  4. Click the Add Row icon.

  5. Enter the Fiscal Year 2013 and click Next.

  6. Enter index values as shown in this table:

    Period Name

    Value

    Jan-13

    132.149

    Feb-13

    133.237

    Mar-13

    133.586

    Apr-13

    133.444

    May-13

    133.660

    Jun-13

    133.930

    Jul-13

    133.947

    Aug-13

    134.120

    Sep-13

    134.261

    Oct-13

    133.902

    Nov-13

    133.601

    Dec-13

    133.546

  7. Click Save and Close.