Slide 1

Slide notes: We will now consider the introduction to Asset Re-Valuation. From the Asset menu, at the Asset Events section, we choose "Re-Value".

 

 

 

Slide 2

Slide notes: Before using the Asset Re-Valuation wizard, it is recommended that we study the "About" option.

 

 

 

Slide 3

Slide notes: Actual Re-Valuation of Assets is an exercise that occurs outside of the system, but the results of the Re-Valuation may be processed in the system. Thinking of a new Value for an Asset, we can say that an Asset cannot go below a minimum Value when re-valued, i.e. below 1, because then we would Scrap it. If it goes higher than the original Pruchase Price or acquisition value, then we have to Re-Capitalize the additional Amount. So that leaves the new Values above 1.00 and below Purchase Price, which can be adjusted by means of adjusting the Depreciation on the Asset Item.

 

 

 

 

Slide 4

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Slide 5

Slide notes: We can import the new Asset Item Values, then Preview the Adjustments, Perform the Adjustments and Review in case there are some rejections. These steps are all covered in separate tutorials.

 

 

 

Slide 6

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Slide 7

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