How to change object in IFRS valuation

[spm_0111]

Hello.

We created valuation in contract with wrong object. Periodic and valuation postings also already have been done. Now we need to change object in valuation to correct object RE for the future periods, or create new valuation with the same asset. How to do it correct without reverse?

[spm_0111]

Up. Maybe anybody had same experience?

[former_member441136]

Hi,

You can add the new Contract object then, add the Condition & Valuation rule on New Contract Object.

You will have to End the Old Valuation Rule, by putting the Probable End Date.

Generate the New Valuation from new date.

Regards,

Hitesh

[former_member441136]

Hi,

What do you mean by Object, is it Cost Object (Cost Center/WBS/IO etc.) or Contract Object?

If that is Cost Object, then you can create New Time slice to Valuation Rule & give the new Cost Object.

If Contract object is to be changed, then all entries have to be reversed.

Regards,

Hitesh

[spm_0111]

Contract object.

We can't reverse all entries, because of migration. If we reverse all entries we couldn't get correct asset values.