Skip to content
← Share and support customer ideas for Xero

Settings and activity

1 result found

  1. Fixed Assets - Revaluation feature

    1 vote

    We're glad you're here

    Please sign in to leave feedback
    Signed in as (Sign out)
    Close
    Close

    We’ll send you updates on this idea

    submitted  ·  1 comment  ·  For small businesses » Accounting features  ·  Admin →
    How important is this to you?

    We're glad you're here

    Please sign in to leave feedback
    Signed in as (Sign out)
    Close
    Close
    An error occurred while saving the comment
    Mike Smith commented  · 

    Similar issue for us. We are just about to transfer our fixed assets to Xero.
    We revalue land and buildings annually.

    Possible work around is to set up additional asset code for each property in FA, (eg. Property x - building revaluation) and put revaluation through that code. Then do a manual jnl to record in ledger. Dr Buildings (B/S) and Cr Revaluation Reserve (P&L)

    Problem will be if value decreases. FA wont let you have negative value.

    Any other suggestions welcomed.