Revaluation Date 
Revaluation Date
Definition
When you run the Market Price Determination report or the Inflation Index Adjustment report in update mode and the system determines a replacement cost, the revaluation date refers to the date from which the new replacement cost is valid.
If you post the replacement cost as a
price change, the revaluation date additionally refers to the date up to which your materials have been revaluated.Use
The revaluation date in the material master enables you to see at a glance the last date on which you have adjusted your materials (with or without a price change posting). In addition, the system uses this date in conjunction with the processing date to ensure that materials are adjusted consistently.
Structure
The system sets the revaluation date in the material master as follows, when you run these reports:
The system sets the revaluation date to the end date you specified on the report selection screen. Depending on the dates you run the program for, the system enters this value under either the current period or the previous period.
The system sets the last day of the previous posting period as the revaluation date under the previous period.
In addition, the system resets the revaluation date if you change the replacement cost manually. If you do this in the current period, the revaluation date is reset to the system date of the change; in the previous period, the revaluation date is reset to the system date of the change or, if the system date is after the last day of the period, the date is reset to the last day of the previous period.