Asset Revaluation

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Posted on by Rennecia Barran

Hello, I have a client who has their entire asset register revalued periodically. They are then required to update the asset with the revalued cost.

How do we do this on the system?

I am envisioning that the cost basis value be changed but I cannot do that in mass, I can only go to each asset and manually change the value. Any ideas?

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Microsoft Dynamics GP

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Lucas Boewood on at

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RE: Asset Revaluation

Hi Mystique,

I know this is an older question, but I believe changing the cost basis one by one is the only front end solution available. I did come across this post from Victoria Yudin's blog:

"If the assets were revalued you may be better off wiping out your FA data and starting from scratch. Another option might be to create a new FA Book and re-import all the assets with the new values into it. Otherwise you would have to manually revalue and recalculate every asset. You might want to confer with your GP Partner about the specific situation and see what their advice is…this is sometimes difficult to advise on without seeing the existing data and volume of it."

Otherwise, you could reach out to the GP team via a support incident to see if there are other options.

Best Regards,