Fixed Assets - EBS (MOSC)

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How execute revaluation Asset with Price Indexes?

edited Dec 27, 2017 4:01AM in Fixed Assets - EBS (MOSC) 1 commentAnswered

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:

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