Error In Revaluation - You Must Enter A Value For Either Percent, Amount, Or Fair Value. Where to fill in Fair Value? (Doc ID 2584237.1)

Last updated on APRIL 04, 2023

Applies to:

Symptoms

When attempting to Run revaluation for fully reserved assets, the following error occurs.

ERROR
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You must enter a value for either Percent, Amount, or Fair Value.
The Revaluation transaction xxxxxx failed for asset number yyyyy.

STEPS
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The issue can be reproduced at will with the following steps:
Steps to reproduce the issue:
1. access the Revalue Assets task and start creating the Revaluation in the UI (User Interface). Here the user filled in:
- Revalue Depreciation Reserve Flag = 'YES'
- Method = 'COST'
- Value Type = "Percent and Fair value"
- Percent = 10
2. Submit revaluation
3. After assets were selected for revaluation, click on the button prepare and download excel template.
4. Change the posting status to Post and click on the button submit
5. Posting request ends in error with following message: - You must enter a value for either Percent, Amount, or Fair Value.

BUSINESS IMPACT
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The issue has the following business impact:
Due to this issue, users cannot post necessary revaluations for fully reserved assets.

Cause

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