Revaluation of fixed assets

The value of a fixed asset can be increased by revaluation, even if the asset has already been fully depreciated.

Only a positive residual value can be depreciated, that is, the accumulated depreciation must not be greater than acquisition value. Often, revaluation is used to recognize the effect of inflation.

The value of a fixed asset may be decreased by revaluation, for example, impairment, typically to reflect a fair market value.

Argentina specifics

None

How Infor meets the requirement

See Setting up for revaluation of fixed assets.

For setup information, see Financials Setup and Administration Guide.

For processing information, see the Asset Accounting User Guide.