Hi Experts,
Can an asset be acquired by two purchase orders? We see this scenario in our systems. Is this approach correct or not? Kindly reply me. Thanks.
Regards,
P.Krishna Chaitanya.
Hi Krishna,
For CIP/AUC type of assets we can post capitalizations on multiple entries - this approach is correct.
And for a normal fixed asset it is better to capitalize the asset with the correct value in a single posting document and do a post capitalizaion if you feel the value of the asset is higher than the existing APC value.
Regards
Govindarajan
hi krishna,
always better to post to AUC assets even if u purchase from Single or Mutiple Purchase orders. You can capitalize the asset when it is required.
Regards,
Ramakrishna