Fixed Assets Revaluation down to $0 or .01

rbreaux

Member
Hi guys,

I am working on doing an impairment of a large number of assets and need to take them down to zero (or .01 for tracking purposes). I am not going to retire them since we are going to keep them on the register for tracking purposes.

My question: Is there a way to use the Revaluation program to get the value of assets down to ZERO? I have tried a variety of indexes and factors, but I am trying to get ONE way to get them all down to ZERO no matter the NBV, UL, and Depreciation Start Date.

Any help would be appreciated.

regards
rb
 
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