How execute revaluation Asset with Price Indexes?
This set up was made:
1. Set up system profile options:
JL: Country Code (It depends on the country)
JL: Application Short Name = OFA
JL: Perform Inflation Adjustment = Yes
JL: Inflation Ratio Precision (blank)
2. Define Price Index. Setup -> Asset System -> Price Indexes
3. Create Corporate book. Adjust for Inflation: No
4. Create Revaluation Book. Adjust for inflation parameter as Yes
In Accounting Rules: Allow Revaluation and Allow Mass Copy should be checked.
5. Create asset categories.
* Asset Category for Corporate Book * Asset Category for Revaluation Book Adjust for Inflation = Yes. Select the Price Index you created (step 2)
and continue to next steps to run revaluation: