Fixed Assets - EBS (MOSC)

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Accounting Entries for Investment Properties

edited Jul 15, 2013 6:28AM in Fixed Assets - EBS (MOSC) 6 commentsAnswered
We are on 12.1.2 and have had patches applied to comply with UK Asset accounting

Our accountants tell us that when you do a revaluation gain or loss on an investemnt property there should be no entries into the revaluation reserve, the accounting entries should be direct to revenue.

We have set up a specific asset category for investment property but cannot see a way of stopping an entry to the revlauation reserve.  Is it possible to do this?

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