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Former Member
Jan 05, 2011 at 12:00 PM

Transaction type 897 for revaluation

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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?