Skip to main content

Notifications

Dynamics 365 Community / Forums / Finance forum / What is diference betw...
Finance forum
Answered

What is diference between transaction types Revaluation and write up or write down adjustment?

Posted on by 10

Hi!

In fixed asset journal. What is diference between transaction types - Revaluation and write up/ write down adjustment?

  • Verified answer
    Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: What is diference between transaction types Revaluation and write up or write down adjustment?

    Hi Eva B,

    1- Write-down adjustment – A downward adjustment in the accounting value of an asset. The offset account is usually a profit and loss account. This is the most common adjustment.

    2- Write-up adjustment – An upward adjustment in the accounting value of an asset. The offset account is usually a different balance sheet account. This is a less common adjustment.

    3- Revaluation – A change in the value of an asset. Revaluation can be used for both write-up and write-down transactions, but is a separate transaction type because revaluation proposals are available in the Fixed assets journal.

    Regards

Under review

Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.

Helpful resources

News and Announcements

Give Back to the Community this Month

Quick Links

Forum Structure Changes Coming on 11/8!

In our never-ending quest to help the Dynamics 365 Community members get answers faster …

Dynamics 365 Community Platform update – Oct 28

Welcome to the next edition of the Community Platform Update. This is a status …

Leaderboard

#1
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 290,807 Super User 2024 Season 2

#2
Martin Dráb Profile Picture

Martin Dráb 229,135 Most Valuable Professional

#3
nmaenpaa Profile Picture

nmaenpaa 101,156

Leaderboard

Featured topics

Product updates

Dynamics 365 release plans