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
- Recording Valuation Information
- Reporting on Historical Valuations
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:
|Date||Date the valuation was done|
|Valuation||Dollar amount of total valuation|
|Valuation Type||This field can be set in the reference table called Valuation Type|
|Valuation Number||Enter the Valuation Number here. The most recent number will be displayed on the Additional Details tab, as shown above.|
|LandValuation||Dollar Amount of land valuation|
|BuildingValuation||Dollar Amount of building valuation|
|Comments||Enter 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.