My Client is having policy to revalue assets after 4 years
They revalue plant, blgds. road, tubewellsss
Let me know how at configure revaluation in SAP
There are various terms such as gross block, gross replacement value, net replacement values, etc
How to map it in SAP
As regards depreciation on revlaued figure, the charge it on basis of life.
Example:
Gross Block: Rs. 100
Gross replacement value: 300
Increase in value: Rs.200
This increase in value is depreciated over life of asset & gross block ie Rs. 100 will be depreciated at the rate in companies act....
Let me knw...
Send me some material on it