Revaluation

[ray_shaer3]

Good day

The client did revaluation on the GR/IR account using F.05. After that some transactions were posting for the same period. They wanted to reval those entries aswell.

They again did the reval program with F.05. All of the lines were processed again and not just the new items.

They way I understood it, is that after you have done reval once, and you do it for the same period again, only the new items will be revalled. Is this correct?

Any advice from your side will be greatly appreciated.

Thanks

Louise.

[Former Member]

Hi Louise,

What is the options you are using. Make a posting on the last day of the Month and reverse the first day of the new month or update you are postings from the GR/IR account? Do you use bal. sheet preparation valuatn.

Normal you run this on the end of the month when FI is closed for financial posting! (like GR/IR)

Paul

[ray_shaer3]

Hi Paul

Thanks for the reply.

Yes, they run the reval at the end of the month, but then realised they had to do a couple of postings after they've done the reval. They then did the reval again, and it revalled ALL the items.

Now I am not sure if the system was suppose to only reval the new items when they did it the second time. Is it possible?

Now they are sitting with all the reval values doubled in the GR/IR account.

How to resolved?

Louise