gtFARevaluation

This function creates a revaluation transaction for a fixed asset.

Company

The company code the Fixed Asset belongs to.

Batch

The batch number the transaction is to be posted into. A new batch will be created if this does not already exist.

BatchDescription

The description for the batch.

Reference

The transaction reference number. This must be unique or an error will be returned.

Posting Date

The posting date for the transaction. This determines the financial period the adjustment is posted to.

AssetCode

The fixed asset code of the transaction.

SubCode

The fixed asset subcode of the transaction.

NewValue

Enter the new value of the asset for accounting purposes (the tax value is not affected). A transaction is created for the difference between this value and the asset's current accounting book value.

Notes

Enter notes about the transaction if applicable.

Narration

Enter notes about the transaction if applicable.

Returns

Not Updated - When there is no error.
Updated - After the function has successfully been updated to Greentree.
Error message - If an error is encountered.

Example

=gtFARevaluation(01,1004,Revaluations for 2004,5001,01/04/2004,5001,,200000,Revalued property,Valuation by RVA Ltd)

Errors Returned

A FA Revaluation with this reference already exists.
The posting date is not valid.
Could not find a Fixed Asset with asset code: <code> and subcode: <subcode>.
New asset value cannot be zero.
This batch is not a Fixed Asset revaluation batch.