Financial - JDE1 (MOSC)

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Question on Revaluing of Assets

edited Oct 28, 2014 5:50PM in Financial - JDE1 (MOSC) 2 commentsAnswered
Is there a process of JDE 8.12 where you can revalue the cost and the accumulated depreciation for the same amount e.g if I am revaluing my asset cost for 1000 dollars then I also want to revalue my accumulated depreciation account for 1000 AUD.
I have used the factor method using a rate e.g. 056236363 and the cost and accumulative depreciation devalue correctly by the rate.

Is there a way that you can specify the amount on the actual asset that it needs to be adjusted by instead of using a rate or index.

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