Revaluation Using Provisional Inflation Indexes 

Purpose

The Asset Revaluation (Inflation) program allows you to first revaluate your assets with provisional indexes, then, once the authorities publish the definitive index, to revaluate the assets one last time – definitively.

Note that all the inflation indexes that you use must be definitive in order for the run to be finished properly.

Process Flow

  1. When the authorities publish the inflation index in its provisional form for an interval, you maintain the inflation index values in Customizing, making sure not to mark the index as definitive.
  2. To carry out a provisional run, you execute the Asset Revaluation (Inflation) program for the interval.
  3. The program revaluates the assets as normal, creating a batch input session with the appropriate revaluation amounts. When you process the session, the system updates the assets' last revaluation date.

    You can execute as many provisional runs as you want. Each time, the system calculates the difference between the revaluation since the last run and posts this amount.

  4. Once the authorities publish the definitive index for the interval, you enter the definitive values in the inflation index in Customizing, and mark the index as definitive.
  5. You then run the program one last time – in update mode – with definitive inflation indexes. This time, it creates asset revaluation documents to make up the difference between the provisional revaluation amounts.

Once you have run the program, you can no longer change the index value.