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Former Member
Jan 05, 2012 at 11:59 PM

Asset Revaluation

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Client wanted to revaluate asset one time during middle of the month. I tried using AR29N. The APC amount is adjusted to the revaluated amount. The user wantsu2019 this to be adjusted as per NBV value on the date it is revaluated. For e.g. If asset is capitalized on aug 2011 for $1000 and then revaluated on Jan 2012 for S750 then the NBV as of Jan 2012 be 750 whereas in AR29N the APC amount is adjusted to revaluated amount .ABAW works good but it allows only delta value and revaluate only single asset at a time . Is there a better approach to deal this?