Revaluation of Fixed Assets

  Revaluation of Fixed Assets in JDE

Background

We have purchased a number of businesses over the last few years. At the time of purchase the fixed assets were revalued via various valuation companies.

We need to record these assets in JDE at both the revalued and the correct values. There are two scenarios, the first is where the assets are revalued the same day as the purchase and the second is where the assets are revalued after a certain amount of depreciation has been recognised against the individual assets.

We require information on how to enter the revalued amount into JDE, keeping the original cost separate but linked.