Hi all,
My asset carrying value is Rs. 10,000. I want to impair my asset by Rs. 1500.
I have posted revaluation amount (Rs.1500) through ASKB with transaction type 897 which is for u2018Revaluation (downward) current yearu2019.
By u201CRevaluation (downward) current yearu201D I understand that the carrying value of an asset will be revalued downwards. However, when I check the values in Asset Explorer, the value of asset shown is Rs.11,500.
Can anyone please explain why it is showing incorrect value?