Property - Historical Land and Building Valuation

Modified on Wed, 22 Jun 2022 at 03:04 PM

Some organisations must record both land and building valuations for properties, as well as store the information for historical reasons.  

This solution details:

Viewing the latest valuation of a property

From the property screen you can see the date of the latest valuation, as well as the valuation amount.  From here you can also see the owner equity amount as a percentage in the Equity Percentage field:

You can view the valuation number by clicking on the Additional Details blue button from the ribbon at the top:

Recording Valuation Information

To add new valuation values, click on the blue Valuation button on the left-hand side:

The middle of the screen will now show the historical valuation information:

From this section, you can enter the following fields:

Column HeadingDescription
DateDate the valuation was done
ValuationDollar amount of total valuation
Valuation TypeThis field can be set in the reference table called Valuation Type
Valuation NumberEnter the Valuation Number here.  The most recent number will be displayed on the Additional Details tab, as shown above.
LandValuationDollar Amount of land valuation
BuildingValuationDollar Amount of building valuation
CommentsEnter any additional information you would like to record

To enter a new valuation, click on the row starting with the '*', enter the date of the valuation, as well as the rest of the information required.

Reporting on Historical Valuations

The date of the valuation and valuation amount can be viewed from the Manage Properties screen.

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