How do I enable asset revaluation?

This task shows you how to enable the Allow Asset Revaluation lookup so that you can create revaluation transactions.

  1. Navigate to: My Enterprise > Setup and Maintenance > Setup: Financials > Assets > Show: All Tasks > Manage Fixed Assets Lookups.
  2. In the Manage Fixed Assets Lookups page, enter ORA_FA_ALLOW_REVAL in the Lookup Type field.
  3. Click Search.
  4. In the Financials Generic Lookup Type section, click the Create icon.
  5. Enter the information in this table in the newly created row:
    Field Value
    Lookup Code Your book name
    Reference Data Set Common Set
    Display Sequence 1
    Enabled Yes (Checked)
    Start Date Today’s date or the date when you want the Allow Asset Revaluation lookup to be enabled.
    Meaning Your book name
    Description Your book name
  6. Click Save and Close.