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Sep 15 at 09:42 AM

Asset revaluation

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Dear Experts,

We have a requirement for the Assets revaluation.

we bought couple of Phones from vendor and now we want to upgrade those phones. Depreciation has been run for those 6 assets till August. Now we want to swap the Phones with new phones and the price has been increased. Postings to be done with new value (Increase of Asset Value) I tried ABSO but business is saying that it should no go to Asset Adjustment account GL account and it should be vendor account.

is there any way to resolve the current scenario. Kindly help.

Best Regards

Saketh K