4 Replies Latest reply: Oct 22, 2009 11:37 AM by Guest RSS

Asset PO

Currently Being Moderated

Hi,

 

We are creating Asset PO with Asset No in that Asset cost center has entered by FI while creating Asset master. the issue is as below.

 

1 ) During PO GR Non Valuated flag is by default appearing which results  in accoutning documents are not generated. During Miro Accounts generated as vendor account Credit & Asset is Dr. wheather it is correct or any accounting documents should be generate in MIGO.

 

2) Whenever we do MIGO stock is not showing in stock for same PO,  as if is required the same asset to be send  for sale or repair purpose stock is not showing how to do this.

 

Regards

  • Re: Asset PO
    Vikram raj
    Currently Being Moderated

    YOu Query No. 1) During PO GR Non Valuated flag is by default appearing which results in accoutning documents are not generated. During Miro Accounts generated as vendor account Credit & Asset is Dr. wheather it is correct or any accounting documents should be generate in MIGO.

     

     

    *In Asset PO GR Non Valuated Flag is set because its sap standard setting and it Specifies that the goods receipt for Asset tem is not to be valuated, there is no accounting journal posted, and then when invoice receipt transaction is done The cost get allocated to an Asset.

     

     

    At the time of MIRO Posting will be :

    Fixed Asset Account Dr

    Vendor Account Cr

     

     

    Your query No. 2) Whenever we do MIGO stock is not showing in stock for same PO, as if is required the same asset to be send for sale or repair purpose stock is not showing how to do this.

     

    In the case of Asset you want to view stock qty. or issue or repair You can Create a Non Valuated material , at the time of Creation of Asset PO, assign material code (non val.) also, so that after GR, you can see the Asset Qty. here value will not come in Inventory after that you can manage further process of particular Asset.

     

     

    REgards,

     

     

    Vraj

  • Re: Asset PO
    Sachin dibdalli
    Currently Being Moderated

    1. It's correct for asset PO, GR will not be valuated.

     

    2. assets are not displayed in stock, asset sale is an FI activity and for servicing of assets you should have complete enterprise asset management installed.

  • Re: Asset PO
    utsav agrawal
    Currently Being Moderated

    Dear Shubham,

     

    During PO GR Non Valuated flag is by default appearing which results in accoutning documents are not generated. During Miro Accounts generated as vendor account Credit & Asset is Dr. wheather it is correct or any accounting documents should be generate in MIGO.

     

    System is behaving in correct manner....Once you post asset it will not generate any accounting document......

     

    At the time of MIRO system will post below entries:

     

    vendor account Credit & Asset is Dr

     

    This is correct.

     

    Whenever we do MIGO stock is not showing in stock for same PO, as if is required the same asset to be send for sale or repair purpose stock is not showing how to do this

     

    This is also correct as when ever you are creating Asset PO, you will never enter material ID, you will only enter description ...

     

    Also you will enter Asset number in Asset field...So at the time of GRN , it wont't show and Sloc field, reason behind that is, It will be posted to the Aset account.

     

    Hope this makes you more clear.

     

    Regards

     

    Utsav

  • Re: Asset PO
    Currently Being Moderated

    Thankx Raj it is answered

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