Create a Price Index
This example shows how to create a price index you use to calculate revaluation amounts.
Create a Price Index
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Navigate to the Manage Asset Price Indexes page.
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Click the Create icon.
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Enter the information shown in this table:
Field
Value
Name
Machinery and Equipment Price Index
Description
Machinery and Equipment Price Index
Calendar Name
Monthly
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Click the Add Row icon.
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Enter the Fiscal Year 2013 and click Next.
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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
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Click Save and Close.