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
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Set up revaluation rules for the asset book.
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Set up revaluation default accounts for the asset category.
Create a Revaluation Transaction
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On the Assets page, click the Revalue Assets panel tab.
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On the Revalue Assets page, click the Create icon.
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Select the book REVAL BOOK and click Next.
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On the Create Revaluation page, enter the transaction group name: sample revaluation.
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Select Cost as the method.
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Enter these values:
Field
Value
Asset Type
Capitalized
From Asset Number
00010
To Asset Number
00099
Value Type
Percent
Percent
10
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Click Submit.