Object valuation

Definition

The current worth of an object as assigned by a Valuer.

How to record

Use local currency. Convert any non-local currency, using the exchange rate at date of valuation. Use Valuation note to record any non-local currency valuation amount.

Examples

1050; 2.50

Use

Record once only for an object.

Information group

Object valuation information

Date created: 2017

Author: Collections Trust

Publisher: Collections Trust