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Impairment vs Revaluation

in Assets 1 comment

We currently always revalue assets in Oracle Cloud (26c) to reflect triggered impairment events, what is the best practice?

Also, how can we enable a managerial approval/review for impairment & revaluation? Today when doing a revaluation, it does not go through an approval/review.

For a completed impairment or revaluation that was submitted erroneously, can it be reversed?

Today revaluations do not pass to the tax books through mass copy. If impairment is used, will it also not pass to the tax books?

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