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Asset Revaluation

Former Member
0 Kudos

I have created 1 asset and capitalized on 6/2008 base on the contract amount. However, as there are some defect and we claimed around $4.8m from the vendor for the defect. Now, I want to reduce the capitalized value of the assets. Please tell me can I do the revaluation in AM module. If yes, please tell me which transaction code and how to do it. Thanks

In current posting, the asset is posted as follows. (up to 9/08)

Cost u2013 HK$99,175,844.60

Depreciation - $HK3,305,861.48

I want to change this asset as follows/

Cost u2013 HK$94,375,844.60 (99,175,844.60 u2013 4,800,000)

Depreciation - $HK3,145,861.49 (3,305,861.48-159,999.99)

Accepted Solutions (0)

Answers (1)

Answers (1)

MarkusBredel
Employee
Employee
0 Kudos

Hi,

why don´t you simply post a credit memo to the Asset? That´s exaclty the function behind your requirement. Easy Access Menu Fixed Assets -> Posting -> Acquisition -> Credit Memo.

Depreciation will be adjusted automatically then.

Regards,

Markus

Former Member
0 Kudos

Hi Markus,

wishes for the day.

Even i have the same problem here.

Already the asset valuated and cgharged depreciation on it for 14 months.

now i want to revaluate it as i got some payment back from the govt.

The path u have given is for T.CODE:ABGL(asset credit memo)

here two options are available.

creditmemo:in invoice yr(ABGL)

creditmemo:in next yr(ABGF)

which T.CODE i shud use and in side it there is an option....POSTED AMOUNT.

WHAT AMOUNT I SHUD ENTER HERE

Plz Suggest.

Regards,

Sumeya Offrin