To recalculate replacement costs and insured values for fixed assets, first specify the percentage by which to change the existing costs and values, and then perform the periodic update to recalculate the values. For more information, see Replacement costs and insured values.

  1. Click > > > .

  2. Select the group that includes the fixed assets to update.

  3. Click the tab.

  4. Enter the replacement cost percentage in the field and the insured value percentage in the field.

  5. Repeat steps 2 through 4 for each group that includes fixed assets that you are recalculating replacement costs and insured values for.

  6. Click > > > .

  7. To specify criteria to select assets by, click . Click OKto perform the update.

Results of the update

  • All fixed assets with a status of that met your selection criteria have recalculated values in the and fields in the form.

  • The current date appears in the field in the form.

See Also