Forum - entering an asset revaluation

entering an asset revaluation

Aldevinas Katkus

2017-11-30

How should I enter an asset revaluation in v. 8.3 if I increase the value of an asset?
Few versions ago I used to enter a new increased value in the new value field as "purchase value" + "increase", however I get incorrect depreciation amount in the depreciation report if I enter in such a way. If I enter "residual value"+"increase" I get correct depreciation amount, but other columns are incorrect.

Agnieszka Klimkiewicz

2017-12-04

Hello.

You register asset revaluation using Revaluations register.
You enter new asset value that is purchase value + increase in field

Start Value 1 - for Model 1
or/and
Start Value 2 - for Model 2

Starting date 1 ( or/and 2) will decide when revaluation is taken into account for your depreciation.

Aldevinas Katkus

2017-12-04

Created byAgnieszka Klimkiewicz14:32 4 Dec 2017

Hello. You register asset revaluation using Revaluations register. You enter new asset value that is purchase value + increase in field Start Value 1 - for Model 1 or/and Start Value 2 - for Model 2 Starting date 1 ( or/and 2) will decide when revalua

If I enter this way I (and our clients) get too big depreciated value per month:
In the Asset record:
purchase date=2012-12-13, start date1= 2013-01-01, asset value € 5796.17, model=120 (120 months=10 years), straight line, residual value=0.00

Revaluation record:
Asset life is not changed (120 months), new percentage for the model is calculated according to the formula in hansamanuals.com.
transaction date=start date1=2017-03-01
model=17_14 (17.14%/year)
new start value1 =5796.17+559.8 =6356.05

depreciation per month should be about 50+ euros/month, the report shows 90+ €.

Agnieszka Klimkiewicz

2017-12-08

Hello.

So I double checked calculation mentioned from our manual and I found it is not correct.
I talked to manual writer and we corrected it in the manual page you mentioned.

So please use currently available calculation and all should be fine.

Regards.

Back to the list

New Message
Open Questions My Questions