Dear Gunter Froehlich

You can do so on the revaluation. It allows you to revalue by selecting a specific period. Please make a backup before you proceed with the process. 

https://za-kb.sage.com/portal/app/portlets/results/viewsolution.jsp?solutionid=200129183137411&page=1&position=3&q=revaluation

Please verify or reply and let us know if the advice / suggestion provided was helpful.

Kind Regards.

Dear MagsNan

Thank you for taking the time to respond to my query. I appreciate it.

Unfortunately, it does not address the issue we have. Pastel does not have the option to select a period in the prior financial year:

Since posting my original query above, I have come to the conclusion that it cannot be done, and we have solved the problem by other means. We re-processed the transaction we reversed, and reversed the new entry we made, but made the contra-account equal to our revaluation P/L account.

Many thanks

Thank you Gunter Froelich

Apologies for misunderstanding, revaluation can only be done in the current financial year.  Thank you for sharing your solution.