hi, i ahve an asset that is fully depreciated, but...
# fixed-assets-mgmt
j
hi, i ahve an asset that is fully depreciated, but i want to increase its value so it can continue depreciation again as the asset value has increased. how do i go about this? i only see option to write down but no where to increase.
j
Asset revaluation?
👍 1
j
There’s only option to write down but we need to increase
m
Enter negative amount in the write down amount to increase the amount asset
🎯 1
j
Tried that it doesn’t work if it’s fully depreciated
It throws an error that cannot go negative
m
Worked for me .. Put the % write down Click on Calculate button and edit the write down amount ( add negative amount)