hi! I'm pretty new to the fixed assets module - I'm trying to run asset revaluations for 50 leasehold assets to extend their lifetime. Does anyone know if I can run a csv import to revalue all the assets at once, or does it need to be done manually, one by one? thank you!

I believe that if all you want to do is extend lifetime, you can do it with CSV updates to the fixed asset record (as well as alternate depreciation records, if you have any). But the impact is that NS recalculates the go-forward monthly depreciation based on the method and doesn’t ALWAYS take the previous depreciation into account which can lead to a surprise catchup entry at the end…hope that makes sense, but if you have a sandbox I’d recommend just testing a CSV import to update depreciation end date and watch what happens to the depreciation schedule.

This worked! Thank you for the tip @PaulJ 🙂

Addendum to this - I had a separate need where I didn’t think this would apply so I’d need to run revalues one by one, but it turns out you can also change the depreciation METHOD on a population of assets via CSV and NS will auto-adjust all go-forward depreciation. You just need to run the ‘Reset Values’ job from the Asset Setup page first, which wipes out unprocessed Depr Hist records from any asset that has been updated recently, and then let the standard scheduled job re-create them. Kinda makes me wonder why the revaluation job exists for anything other than writedowns…