It is MANDATORY that you calculate depreciation to reversal date before entering reversed impaired amount to assess correct carrying amount and with it the difference to the new value.

• If you posted impairment of fixed asset, you now have to post upward revaluation amount. To do this, you FIRST have to reverse impairment (completely or partially). Only then can you post upward revaluation amount (see 4 - Upward reval. on upward reval. accounts).
• Do the same as with liquidation of fixed asset (e.g. disposal of fixed asset or its deactivation).

Example:

Let us for example take a look at a partially depreciated impairment in topic 23 - Depreciation on downward reval. accounts.

On January 1st, 2008 the value of fixed asset is according to the appraiser's estimate lower by €77,586.15 than its book value on acquisition and impairment accounts. The above-mentioned amount is equal to the carrying amount of impairment (86,206.83 - 8,260.68 = 77,586.15). A 20% depreciation rate is applied.

Depreciation was calculated to appraisal date. That is why you only enter reversed impairment amount and select type 8. Then select Post Value Adjustment from the right-click menu.

Below you can observe lines of journal entry:

For transparency sake we manually entered the revaluated amounts and posted them subsequently. To directly calculate reversal of impairment and post the amount you can use Calculate function in the right-click menu (see Reversing Upward Revaluation and Impairment).