How to do ASSET REVALUATION

Hi All,

I have created a Capitalized asset . Trying to apply revaluation on it.

But not getting exactly the process how to do it .whether i should apply Revaluation on a fully depreciated asset or partial depreciated asset or new asset

i found following steps but when i follow them it is not applying the Revaluation on the asset.

To revalue all assets in a category:

1. Navigate to the Mass Revaluation window.
2. Enter the Book for which you want to revalue assets.
3. Enter a Description of the revaluation definition.
4. Specify revaluation rules. See: Asset Management In a Highly Inflationary Economy (Revaluation).