You can use this feature to write down an asset when its value has decreased. An example is a machine which has been damaged but can still be used. The book value of a fixed asset is reduced by posting a write-down entry.
To post a write-down entry to a depreciation book for which write-down has G/L integration, you must use an FA G/L journal.
To post a write-down to a depreciation book for which write-down does not have G/L integration, you must use an FA journal.
Indexation is used to adjust values for general price-level changes. The Index Fixed Assets batch job can be used to change the write-down amounts.
Fixed Asset Overview
Posting Write-Down Transactions from FA G/L Journals
Filling In and Posting FA G/L Journals
Posting Write-Down Transactions from FA Journals
Filling In and Posting FA Journals
Indexation of Fixed Assets