Asset Purchase Cycle

[Former Member]

Hi Guys,

What is the asset purchase cycle using Purchase order.

What are the entries that get posted during the asset purchase.

What postings take place in the system.

Thanks

srikanth.

[Former Member · Accepted solution]

Hi, It is quite simple. First you create the Asset thru AS01. Then Create Purchase Order with Account assignment category A and assigning the new asset to the purchase order. Then once the Asset is received do Goods Receipt. Then do the Invoice verification for the goods receipt. You can see the asset with values in Asset Explorer. If you require very detail, you can look into the following link. http://help.sap.com/SAPHelp_46c/helpdata/EN/6e/12135c9f0411d189b80000e829fbbd/frameset.htm Trust this helps much! Cheers!