Asset financial details

In addition to revaluing your assets and calculating depreciation, you can use Asset Valuation to record various other financial details for your assets.

You can record any revenue that an asset generates, and you can record an asset's held for sale details when the asset is sold.

Finally, when you dispose of an asset you can record the disposal details. Infor Public Sector calculates the profit or loss on the disposal. This equation is used to calculate the profit or loss:

P/L = Disposal Value - Revalued Amount + Accumulated Depreciation