Depreciating revaluated value for the first time you also depreciate values of type 4- Upward reval. on upward rev. accounts. Any additional depreciating of revaluated value you depreciated both upwardly revaluated values adjustments of the last record of type 22- Depreciation on upward reval. accounts, incremented by any revaluation of type 4 - Upward reval. on upward rev. accounts and less the reversed revaluation of type 7 - Reversal of upward revaluation.

Depreciated revaluated value does not represent depreciated cost (account group 43), but rather decreases revaluated capital adjustment (e.g. 952).

Example

Let us take a look at posting a depreciated amount after revaluation was performed - follow-up of the example from topic 4 - Upward Revaluation on Revaluation Accounts.

As of September 30th, 2007, besides cost and adjustment the acquistion accounts show revaluated cost and revaluated adjustment. A 5% depreciation rate is applied.

Depreciating from the period from October 1st, 2007 to December 31st, 2007, depreciates cost (see 21 - Depreciation on acquisition accounts) which in turn represents expense, plus, it depreciates upwardly revaluated amount which in turn represents decrease of the incurred revaluated capital adjustment.

Calculate depreciation using a specially designed report where updated values are added to acquisition and appraisal surplus accounts. Below you can see the Fixed Assets register after confirming report:

Lines of journal entry that are created using automatic posting of depreciation report include depreciated cost on the depreciation expense account (431D/0310C). In addition they include depreciation of revaluated amount (951D/0311C):