Configure Valuation

Authorisation roles with a valuation authorisation level are required to be set up in order to authorise valuations. Refer to Add or edit an authorisation role for further information.

The permissions applicable to the Estates module are described in the following table.

Permission	Allows users to...
Valuation	View, create and update valuation records against units, buildings and sites.
ValuationAuthorise	Authorise valuations.
ValuationCloseFinancialYear	Close financial years.
ValuationReferenceData	View, create and update Valuation reference data.
ValuationUnauthorise	Unauthorise valuations.

Refer to Manage Roles for further information.

• Create Financial Asset Transaction From Valuation - automatically creates a Financial Asset Transaction against an individual Valuation Item/Calculation
• Default Demolition Fees - the default demolition fee for a valuation insurance calculation, as a percentage
• Default Factor - the default factor for a CV-EUV-DRC valuation. The value must be between 0 and 999.99
• Default Professional Fees - the default professional fee for a valuation insurance calculation, as a percentage
• Default Validation Multiplier - the default valuation multiplier for insurance valuations. The value must be between 0 and 999.99
• Default Valuation Rent Years - the default number of years for a valuation insurance calculation. The value must be between 0 and 999.99

The Authorisation Matrix enables multiple levels of authorisation based on the overall value of the valuation. To configure the Authorisation Matrix for valuations:

1. Navigate to Tools > System Options and then click Financial Options.

2. Select the Authorisation Matrix tab and enable the Valuation Authorisation Matrix in the top part of the screen.

   

3. Select the Valuation check box, if not already selected.

   

4. Select Valuation from the Type drop-down, and then use the adjacent buttons to manage valuation levels.

   

The buttons are described in the following table.

This button	Does this...
	Removes the selected row.
	Adds a new authorisation level.
	Removes the selected authorisation level.

5. Enter the number of authorisations required for each value.

   Note: There must be at least one level and value specified.

6. Click OK.

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Authorisation levels for Project Budgets can be configured here and assigned the related Authorisation role to a user.

• Autorisation Matrix

The following reference data is applicable to valuations:

• All items in Valuation reference data
• Building Type in Buildings reference data

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