Help On Revaluation Rule

Glossary

This help page allows you to search and select the revaluation rule number and transfer the same to the field where it is required. You can carry out the search using the revaluation type, revaluation option, the index option and the code identifying the depreciation code.

The “Help On Revaluation Rule” page appears.

Revaluation Type

Use the drop-down list box to select the method in which the assets have to be revalued. The revalued types available are

 
  • Downward – select this option to retrieve the rule assigned for the downward revaluation.

 
  • Upward – select this option to retrieve the rule assigned for the upward revaluation.

 

The system displays “Upward” by default on launch of the page.

Revaluation Option

Use the drop-down list box to select the revaluation option. The various options available are

 
  •  Indexes – Indicates that the revaluation is done with respect to an index provided.

 
  • Percentage – Indicates that the assets can be revalued based on the percentage value.

 
  • By Amount – Indicates that the assets can be revalued by certain amount.

 
  •  To Amount – Indicates that the assets revalued must not exceed a fixed amount.

 

The system displays the “Indexes” by default on launch of the page.

Index Option

Use the drop-down list box to select the index option, which are "Calendar Year", "Financial Year", "Age", "Date Range" and “Blank”. The system displays the “Calendar Year” by default on launch of the page.

Depreciation Book Code

Use the drop-down list box to select the code identifying the depreciation book code. The system lists the depreciation book code for which the revaluation run number has been assigned. The system displays the first depreciation book code by default on launch of the page.

The system displays the following fields in the “Search Results” multiline:

Revaluation Rule No.

The number identifying the revaluation rule number.

Rule Desc.

The textual description pertaining to the revaluation rule.

Revaluation Option

The methods in which the assets are revalued.