Select the depreciation area in which the asset revaluation takes effect.

If required, specify the additional information about the revaluation.

If required, enter the revaluation percentage.

The percentage you enter here is copied to the Revaluation Percentage field in the table area as the default.

With the revaluation percentage, the system calculates the new net book value of the assets as follows:

New NBV = NBV * Revaluation Percentage

Displays the document series and number according to the definition in the Document Numbering - Setup window.

Specify the date on which the journal entry is posted.

Specify the document date. By default, the document date is the same as the posting date.

Specify the date on which the revaluation takes place.

By default, the date is the same as the posting date.

If required, enter the remark about the journal entry generated upon the creation of the revaluation document.

The default journal remark is Fixed Asset Revaluation.

Specify the asset that you want to revaluate.

Selecting the same asset twice displays an error message.

Displays the description of the asset.

Displays the asset's net book value on the asset value date you specified.

If required, specify the revaluation percentage.

By default, the value is copied from the Revaluation Percentage field in the header.

After you specify the revaluation percentage, the system calculates the new net book value of the asset as follows:

New NBV = NBV * Revaluation Percentage

Specify the new net book value of the asset after the revaluation.

By default, the system calculates the net NBV according to the NBV and revaluation percentage with the following formula:

New NBV = NBV * Revaluation Percentage

Displays the difference between the net book value and the new net book value.

If required, enter the remarks about the asset.