EBSO R12 - Asset Revaluation
Hi everybody!
We have registered in our asset book near to 34000 which almost 50% of those have zero as Net Book Value (accumulated depreciation = Cost and remaining life years is zero in Financial Inquiry). So we need to revalue these asset because the asset are still in use. What is the better option to revalue them?
For example:
Asset Number: 11
Current Cost: 60,000
Original Cost: 0
Recoverable cost: 60,0000
Net Book Value: 0.00
YTD Depreciation: 0.00
Accumulated Depreciation: 60,000
Thanks a lot!