Impairement of Assets in R12 Oracle Assets

Dear All,
May i know Impairment of Assets functionality Exists in R12.1.1 Oracle Assets. I found that functionality in 11.5.10.2.
Can any one Help me.
Thanks

Did you mean to say Downward Revaluation which is the opposite of Upward Revaluation?
Since there is a separate Impairment functionality which is aking to UK Local Authority Accounting and this is different to downward revaluation which is a standard functionality.
Thanks and Regards
Manish

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    ●     Depreciation key ILT
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