3 Replies Latest reply: Jun 18, 2012 11:27 AM by Brigitte Kuehni RSS

How do we add tools additional cost with tools - Like asset additional capitalization

vijay kumar
Currently Being Moderated
Can you give me the configuration process for the following requirement
         Normally  Assets additional cost should add to Particular Assset , For example asset value 100000/-
Loading & Unloading charges 6000/-, Transport charges 500/-, Additional capitalization 5000/-
So, when we run AW01N ,the asset value shown 111500 /-
Same way user requesting for Tools ,
We are treating tools as a Material , and maintaining Standard price  for Tools .
We have purchased tool from the vendor with local currencyRs 100000/-
paid  Rs 1000/- freight, Loading & Unloading charges Rs 500/- , Fixing charging Rs 200/-
So as per user 101700 /-should shown in Tools GL account ,
we are using 4.6 version
Thanks & Regards
Vijay
  • Re: How do we add tools additional cost with tools - Like asset additional capitalization
    Brigitte Kuehni
    Currently Being Moderated

    HI Vijay,

     

    I am not sure if I understand you correctly, however you say, that the tools you buy from the vendor are

    treated like material, hence, I understand that the tools then are also assets to you. Have you looked into the possibility of creating an asset class for "Tools" for example and you can create an asset for your tools under this specificly for tools created asset class? That would be one way of putting your tools individually into your system as assets. The same way as for your other assets in your company code you then can imput the value in your system via postings to these assets and view all values in the Asset Explorer AW01N in the same way you do for any other asset. If you want these tools to be depreciating over a useful life and in a certain way, this can all be done via depreciation key and other

    depreciation terms as you know.

     

    I hope this helps to answer your question.

     

    Kind regards,

    Brigitte