You can record valuation information about objects for insurance and internal accounting purposes. The Object Valuation window has a table for recording valuation details.
The Object Valuation window, showing one row of valuation information.
The Valuation Details table has some mandatory fields. If you do not fill them in, you will not be able to save the record. The mandatory fields are: Type, Method/Basis, Value, and Date.
Valuations can be recorded by object parts, or by the whole object. If you record values for individual parts, it is important that you also record a valuation for the whole object because the whole object value is used when you run a report on latest insurance values, and is also the value used when calculating opening and closing valuations.
You can restrict access to these fields or the whole window.
See also
Webinar: Valuations - A video about valuations on YouTube.
