Asset Valuation enhancements

This update included some enhancements in the functionality for calculating depreciations for back-dated activities in the Asset Valuation module.

The option to include back-dated capital expenditures when calculating depreciation was added in the January 2022 update.

See Depreciating back-dated expenditures.

With this update you can include back-dated revaluations in depreciation calculations as well. The Prior Periods to Check for Expenditures field for asset valuation books has been renamed as Prior Periods to Check for Activity to include both expenditures and revaluations.

Prior Periods to Check for Activity

In addition, the standard journal run process for Asset Valuation has been enhanced to correctly account for the depreciation adjustments created by the back-dating functionality.