Revaluation

This details of the GL posting for debit and credit transactions for a FA Revaluation transaction are:

(a)	If the FA Module Control option GL update depreciation to branch on asset is not selected:
	Debit [Value asset is revalued by] * see note below
	MyAsset.myAnalysis.CostAccount MyAsset.myProfitCentre.glAccountStructure MyAsset.myProfitCentre.myBranch.glAccountStructure MyAsset.myBranch.glAccountStructure FAControl.myDefaultProfitCentre.myBranch.glAccountStructure GLControl.FACostAccount GLControl.suspense
	Credit [Value asset is revalued by] * see note below
	GLControl.FARevaluationReserveAccount MyAsset.myProfitCentre.glAccountStructure MyAsset.myProfitCentre.myBranch.glAccountStructure MyAsset.myBranch.glAccountStructure FAControl.myDefaultProfitCentre.myBranch.glAccountStructure GLControl.suspense
	Debit [Total depreciation to date]
	MyAsset.myAnalysis.ProvisionForDepreciationAccount MyAsset.myProfitCentre.glAccountStructure MyAsset.myProfitCentre.myBranch.glAccountStructure MyAsset.myBranch.glAccountStructure FAControl.myDefaultProfitCentre.myBranch.glAccountStructure GLControl.FAProvisionForDepreciationAccount GLControl.suspense
	Credit [Total depreciation to date]
	MyAsset.myAnalysis.CostAccount MyAsset.myProfitCentre.glAccountStructure MyAsset.myProfitCentre.myBranch.glAccountStructure MyAsset.myBranch.glAccountStructure FAControl.myDefaultProfitCentre.myBranch.glAccountStructure GLControl.FACostAccount GLControl.suspense

(b)	If the FA Module Control option GL update depreciation to branch on asset is selected:
	Debit [Value asset is revalued by] * see note below
	MyAsset.myAnalysis.CostAccount MyAsset.myBranch.glAccountStructure MyAsset.myProfitCentre.glAccountStructure MyAsset.myProfitCentre.myBranch.glAccountStructure FAControl.myDefaultProfitCentre.myBranch.glAccountStructure GLControl.FACostAccount GLControl.suspense
	Credit [Value asset is revalued by] * see note below
	GLControl.FARevaluationReserveAccount MyAsset.myBranch.glAccountStructure MyAsset.myProfitCentre.glAccountStructure MyAsset.myProfitCentre.myBranch.glAccountStructure FAControl.myDefaultProfitCentre.myBranch.glAccountStructure GLControl.suspense
	Debit [Total depreciation to date]
	MyAsset.myAnalysis.ProvisionForDepreciationAccount MyAsset.myBranch.glAccountStructure MyAsset.myProfitCentre.glAccountStructure MyAsset.myProfitCentre.myBranch.glAccountStructure FAControl.myDefaultProfitCentre.myBranch.glAccountStructure GLControl.FAProvisionForDepreciationAccount GLControl.suspense
	Credit [Total depreciation to date]
	MyAsset.myAnalysis.CostAccount MyAsset.myBranch.glAccountStructure MyAsset.myProfitCentre.glAccountStructure MyAsset.myProfitCentre.myBranch.glAccountStructure FAControl.myDefaultProfitCentre.myBranch.glAccountStructure GLControl.FACostAccount GLControl.suspense

Note: This example represents a revaluation that increases an asset's book value. The debit and credit transactions are reversed for a revaluation that reduces the asset's book value.