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EAM: Q&A on Impairment and Revaluation Processes (Doc ID 1579522.1)

Last updated on MARCH 22, 2019

Applies to:

PeopleSoft Enterprise FIN Asset Management - Version 9.1 and later
Information in this document applies to any platform.

Goal

Question 1 – Why does the impairment work differently than revaluation?

Question 2 – Purpose of the account 'Reversal of Depreciation' that is credited against the 'Provision for revalue Contra'?

Question 3 - Why the revaluation is reversed every month by its depreciation while the impairment isn't?
 

Solution

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