How do I Revalue a Pension Asset?
- Article ID
- ias-2849
- Article Name
- How do I Revalue a Pension Asset?
- Created Date
- 27th June 2006
- Product
- IRIS Accounts Production
- Problem
- How do I Revalue a Pension Asset, on the PEN# Chart?
- Resolution
- PLEASE NOTE: From Version 11.9 all users must be on the new Enhanced EPEN Chart. Solution: The following account codes should be used: Debit the cost e.g. Account 596 with the increase Credit a Management Expense e.g. Account 90 The Change in Market Value Codes should not be used as there is NO Revaluation Reserve
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