Function: Fixed asset periodical revaluation

In this function, you can register the revaluation of an asset. You must reevaluate fixed assets if, for example, the market price of the assets changes.

Process: Fixed asset periodical revaluation execution (code: MAS04a)

The objective of this process is the registration of the periodical revaluation of the asset. In LN Financials, the annual revaluation amounts are determined according to user-definable indices.

Operations included in this variant are:

  • Indices
  • Asset books
  • Asset book revaluation

Assumptions:

  • Revaluation is based on indices. The index master data is set in the fixed asset master data.
  • The periodical revaluation results are posted to the GLD module, depending on the book type and the FAM parameter settings. If posting to the general ledger is applicable, the results are posted to the ledger accounts according to the mapping scheme that defined in the integration-mapping scheme (general), which you can find in the fixed asset master data.

IT support:

  • LN Financials, Fixed Asset Management