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 General ledger> Setup> Fixed assets> Fixed asset groups .

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

3. Click the Generaltab.

4. Enter the replacement cost percentage in the Replacement cost factorfield and the insured value percentage in the Insured value factorfield.

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 General ledger> Periodic> Fixed assets> Update replacement costs and insured values.

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