<?xml version="1.0" encoding="utf-8"?>
<Session ID="/baanerp/tf/fam/tffam3200m000" xml:lang="en">
	<Header>
		<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Asset Book Revaluation (tffam3200m000)</Title>
	</Header>
	<HelpTopic><AimSection><Paragraph>Use this session to provide an update of the current value of the <Link href="/baanerp/tf/glossary/glossary#000113" role="glossary">asset</Link> to reflect business changes in the <Link href="/baanerp/tf/glossary/glossary#000122" role="glossary">book</Link> value. You can <Link href="/baanerp/tf/glossary/glossary#Revaluation.tf" role="glossary">revalue</Link> an asset based on an index amount for the specified year. The <Link href="/baanerp/tf/glossary/glossary#Index.tf" role="glossary">index value</Link> can be entered in the <Link href="/baanerp/tf/fam/tffam3101m000" role="session">Indices (tffam3101m000)</Link> session.</Paragraph>
		</AimSection>
		<GeneralSection><ExampleSection><SectionTitle>Example</SectionTitle>
				<Paragraph>Revaluation occurred in the second year only.</Paragraph>
				<TABLE border="1"><TBODY><TR><TH colspan="3">Original Cost</TH>
							<TD>1000</TD>
						</TR>
						<TR><TH colspan="3">Life</TH>
							<TD>5 year</TD>
						</TR>
						<TR><TH colspan="3">Depreciation Method</TH>
							<TD>SL</TD>
						</TR>
						<TR><TH colspan="3">Revaluation in 2nd year</TH>
							<TD>20%</TD>
						</TR>
					</TBODY>
				</TABLE>
				<TABLE border="1"><TBODY><TR><TH>Year</TH>
							<TH>Depreciation</TH>
							<TH>A/D</TH>
							<TH>Current Cost</TH>
							<TH>Beg NBV</TH>
							<TH>End NBV</TH>
						</TR>
						<TR><TD>1</TD>
							<TD>250</TD>
							<TD>200</TD>
							<TD>1000</TD>
							<TD>1000</TD>
							<TD>800</TD>
						</TR>
						<TR><TD>2</TD>
							<TD>250</TD>
							<TD>450</TD>
							<TD>1200</TD>
							<TD>800+200</TD>
							<TD>750</TD>
						</TR>
						<TR><TD>3</TD>
							<TD>250</TD>
							<TD>700</TD>
							<TD>1200</TD>
							<TD>750</TD>
							<TD>500</TD>
						</TR>
						<TR><TD>4</TD>
							<TD>250</TD>
							<TD>950</TD>
							<TD>1200</TD>
							<TD>500</TD>
							<TD>250</TD>
						</TR>
						<TR><TD>5</TD>
							<TD>250</TD>
							<TD>1200</TD>
							<TD>1200</TD>
							<TD>250</TD>
							<TD>0</TD>
						</TR>
					</TBODY>
				</TABLE>
			</ExampleSection>
			<ExampleSection><SectionTitle>Example 2</SectionTitle>
				<Paragraph>Revaluation occurred in the second and third year. You need to look at the index value in the second and third year. If the index value was 20% in each year, the results using the same info as #2 would apply:</Paragraph>
				<TABLE border="1"><TBODY><TR><TH colspan="3">Original Cost</TH>
							<TD>1000</TD>
						</TR>
						<TR><TH colspan="3">Life</TH>
							<TD>5 year</TD>
						</TR>
						<TR><TH colspan="3">Depreciation Method</TH>
							<TD>SL</TD>
						</TR>
						<TR><TH colspan="3">Revaluation in 2nd year</TH>
							<TD>20%</TD>
						</TR>
						<TR><TH colspan="3">Revaluation in 3nd year</TH>
							<TD>20%</TD>
						</TR>
					</TBODY>
				</TABLE>
				<TABLE border="1"><TBODY><TR><TH>Year</TH>
							<TH>Depreciation</TH>
							<TH>A/D</TH>
							<TH>Current Cost</TH>
							<TH>Beg NBV</TH>
							<TH>End NBV</TH>
						</TR>
						<TR><TD>1</TD>
							<TD>250</TD>
							<TD>200</TD>
							<TD>1000</TD>
							<TD>1000</TD>
							<TD>800</TD>
						</TR>
						<TR><TD>2</TD>
							<TD>250</TD>
							<TD>450</TD>
							<TD>1200</TD>
							<TD>800+200</TD>
							<TD>750</TD>
						</TR>
						<TR><TD>3</TD>
							<TD>330</TD>
							<TD>780</TD>
							<TD>1440</TD>
							<TD>750+240</TD>
							<TD>660</TD>
						</TR>
						<TR><TD>4</TD>
							<TD>330</TD>
							<TD>1110</TD>
							<TD>1440</TD>
							<TD>660</TD>
							<TD>330</TD>
						</TR>
						<TR><TD>5</TD>
							<TD>330</TD>
							<TD>1440</TD>
							<TD>1440</TD>
							<TD>330</TD>
							<TD>0</TD>
						</TR>
					</TBODY>
				</TABLE>
			</ExampleSection>
		</GeneralSection>
		<GeneralSection><SectionTitle>Formulas (for SL method)</SectionTitle>
			<Paragraph><Link href="/baanerp/tf/glossary/glossary#000140" role="glossary">net book value</Link> (NBV) at beginning of the year = End NBV from previous year + net change</Paragraph>
			<Paragraph>Depreciation amount = NBV / # of years remaining for depreciation</Paragraph>
			<Paragraph>Current Cost (if revaluation occurred in the year) = Previous current cost + net change</Paragraph>
			<Paragraph>NBV at end of year = current cost - A/D</Paragraph>
			<Paragraph>Net change = (Index current year - Index last year) / Index last year</Paragraph>
			<Paragraph>New Current Cost = (Net Change * Current Cost) + Current Cost</Paragraph>
			<Note><SectionTitle>Note</SectionTitle>
				<Paragraph>If the data required to complete this calculation is not present, an error will be generated automatically.</Paragraph>
			</Note>
		</GeneralSection>
		<RelatedTopics><SectionTitle>Related topics</SectionTitle>
			<RelTopic><Link href="/baanerp/tf/onlinemanual/000145" role="manual">Using Asset Revaluation</Link>
			</RelTopic>
			<RelTopic><Link href="/baanerp/basictasks/000006" role="manual">To use From and To fields</Link>
			</RelTopic>
		</RelatedTopics>
	</HelpTopic>
	<Fields><FieldHelp ID="book.f"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Book Code</Title>
			</Header>
			<FuncDesc><Link href="/baanerp/tf/glossary/glossary#000102" role="glossary">book code</Link>
			</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="book.t"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Book Code</Title>
			</Header>
			<FuncDesc><Link href="/baanerp/tf/glossary/glossary#000102" role="glossary">book code</Link>
			</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="indx"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Revaluation Index</Title>
			</Header>
			<FuncDesc>According to the selected <Link href="/baanerp/tf/glossary/glossary#Revaluation.tf" role="glossary">revaluation</Link> index the adjustment transaction of the selected asset books is performed.</FuncDesc>
			<SimpleSection><Paragraph>Revaluation indices are maintained in the <GUIRef href="/baanerp/tf/fam/tffam3101m000" role="session">Indices (tffam3101m000)</GUIRef> session.</Paragraph>
			</SimpleSection>
		</FieldHelp>
		<FieldHelp ID="tffam300.dsca"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Revaluation Index</Title>
			</Header>
			<FuncDesc>The description or name of the code.</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="year"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Revaluation Year</Title>
			</Header>
			<FuncDesc>Select the <Link href="/baanerp/tf/glossary/glossary#000053" role="glossary">year</Link> for which you want to calculate <Link href="/baanerp/tf/glossary/glossary#Revaluation.tf" role="glossary">revaluation</Link>.</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="form.reas"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Reason Code</Title>
			</Header>
			<FuncDesc>Enter a <Link href="/baanerp/tf/glossary/glossary#000101" role="glossary">reason code</Link> of the Adjustment reason type for the new adjustment transactions.</FuncDesc>
			<SimpleSection><Paragraph>Reason codes are maintained in the <GUIRef href="/baanerp/tf/fam/tffam6550m000" role="session">Reasons (tffam6550m000)</GUIRef> session.</Paragraph>
			</SimpleSection>
		</FieldHelp>
		<FieldHelp ID="tffam650.desc"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Reason Code</Title>
			</Header>
			<FuncDesc>The description or name of the code.</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="form.suppress"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Suppress Journal Entries</Title>
			</Header>
			<FuncDesc>If this check box is selected, <Link href="/baanerp/tf/glossary/glossary#000160" role="glossary">journal entries</Link> are not created in the <GUIRef href="/baanerp/tf/gld" role="module">General Ledger</GUIRef> module for this transaction.</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="print.report"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Print Error Report</Title>
			</Header>
			<FuncDesc>If this check box is selected, an error report is also printed.</FuncDesc>
		</FieldHelp>
	</Fields>
</Session>
