Fixed Assets revalued
Hi --
We are in the process of converting one of our facilities assets onto JDE. in my first initial conversion I converted the amounts at their original cost which ties to our GL from last year. In the last couple of months we noticed the new company received a valuation amount and was booked as a lump sum amount. So this year I did an entry to allocate the valuation amount to the assets that I converted in. However, the depreciation formula is not taking into account the valuation amount entry that I booked this year. The depreciation method I am