Journal Entry

This form is used if the Valuation process has been carried out externally to Conquest and the data needs to be recorded in Conquest.

Open this form from the Valuation Tab of your Asset to make a manual adjustment to its valuation

Any adjustment you make on this form will be recorded as a transaction against this Asset.

Field

Purpose

Value

Changing this number will revalue the Asset to the new amount at the date specified but will not depreciate it

Accumulated Depreciation

Adjusts the amount of depreciation incurred on this Asset

Accumulated Capital Works

Adjusts the Capital Works amount and the Depreciable Amount but will not adjust Accumulated Depreciation.

Date

The date of this transaction.

 

 

For more information on Valuations and Transactions see How To Manage Financial Data