What is revaluation measure in SAP FI-AA - Asset Accounting?

SAP Term: revaluation measure

• Component: FI-AA

• Component Name: Asset Accounting

• Description: A system object that controls how the New Valuation report revaluates and carries out the new valuations of assets for balance sheet revaluation purposes. A revaluation measure provides the following information: The date the revaluation is to be posted The depreciation area that holds the base values for revaluation The primary depreciation area to which the report posts the revalued assets can be the same as the base area Any other depreciation areas to be updated by the revaluation posting

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• Key Concepts: 
  Revaluation measure is a feature in SAP FI-AA Asset Accounting that allows users to adjust the value of an asset to its current market value. This is done by calculating the difference between the original value of the asset and its current market value, and then adjusting the asset’s book value accordingly. This process is known as revaluation. 
  
  How to use it: 
  In order to use the revaluation measure, users must first enter the current market value of the asset into SAP FI-AA. This can be done manually or by importing data from external sources. Once the current market value has been entered, users can then calculate the difference between the original value and the current market value. This difference is then used to adjust the asset’s book value. 
  
  Tips & Tricks: 
  It is important to note that revaluation measures should only be used when necessary, as they can have a significant impact on an organization’s financial statements. Additionally, it is important to ensure that all relevant data is entered accurately in order to ensure accurate results. 
  
  Related Information: 
  For more information on revaluation measures in SAP FI-AA, please refer to SAP’s official documentation on Asset Accounting. Additionally, there are numerous online resources available that provide detailed information on how to use this feature in SAP FI-AA.