Replace cost factor field in Fixed asset group

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Posted on by lally

Hi ,

Path : FA groups - Genral Tab - Valuation Factors

In the Replacement cost factor field, enter the percentage to increase or decrease the replacement cost of the fixed asset. For example, if it costs 3.5 percent more this year to replace assets in this group, enter 3.5. The factor entered is only used if the replacement

cost of a fixed asset is updated by using the Update replacement costs and insured values form.

What does it mean of Replace cost factor field in Fixed asset group and how can we use this functionality ?

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lally 8 on at

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Hi Folks ,

Any inputs regarding the Replace cost factor field in Fixed asset group ?

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