How do I enable asset revaluation for my book?

This task shows you how to enable the Allow revaluation option for your corporate book.

1. Navigate to: My Enterprise > Setup and Maintenance > Setup: Financials > Assets > Show: All Tasks > Manage Asset Books.
2. Select the Associated Corporate Book.
3. Click Search.
4. Click the book you want to allow revaluation for.
   Note: You must first enable the Allow Asset Revaluation lookup before you can enable this option.
5. In the Rules section, click the Revaluation tab.
6. Enable the Allow revaluation option.
7. Enable Cost, Net book value, or both, depending on the revaluation method you want to use.
8. Define other revaluation rules according to your business rules.
9. Click Save.