in the FAM module, what is the best practice to track assets that are not actually depreciating or are, in fact, appreciating?

AI generated answer (using internal Slack threads):

****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ****** In the Fixed Assets Management (FAM) module, if you have assets that are not depreciating or are appreciating, you can track them using the revaluation feature. This feature is typically used for intact assets, that is when an asset's value changes without your interaction with it. If you are adding more value to your asset, you can record it as a separate asset (labor or material) and add them as sub-assets to your main asset. This way, you can keep track of the appreciation of your assets. Remember, the depreciation history import is only meant to record the cumulative depreciation of the asset to date. It will not mess with your General Ledger (GL) accounts as it will not create journal entries for it. If you don't have the FAM module, you can use the amortization feature to recognize depreciation. You can use non-inventory item and custom record to keep track of assets. Please note that these are general best practices and may need to be adjusted based on your specific business needs and accounting practices.