Hello. We have an existing old active asset in IFS which already has depreciation recorded. We recently determined that the acquisition value and accumulated depreciation should be adjusted. For example, the current acquisition value is $100 and the current accumulated depreciation is $50, but now we would like to change the acquisition value to $150 and the accumulated depreciation to $60. Is there a way to do this?
For the adjustment of acquisition value, my understanding is that it can be done via Acquisition Value Adjustment per Book. But how can the accumulated depreciation be adjusted?
We are using Apps 9u18.
Any help would be much appreciated.