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Asset P.O?

Former Member
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How to make Asset P.O?

During Gr and IV what are the tranaction keys will come?

Accepted Solutions (0)

Answers (5)

Answers (5)

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Hai,

1. Create Asset master record. - AS01

2. Create Asset PO with Acct assignment category - A

3. DO GR for asset Po. No accting documents at GR.

4. Do LIV for Asset PO. The accting entries at the time of LIV are Cr : Vendor acct & Dr : Asset acct. This has to be determined by Asset accounting.

Check with FI consultant for more detail.

BijayKumarBarik
Active Contributor
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Hi,

Create PO with ME21 or ME21N with Account Assignment Category "A"

GR entry are:

Asset A/C: Dr,

GR/IR A/C: Cr,

IR Entry are:

GR/IR A/C: Dr,

Vendor: Cr

Regards,

Biju K

Former Member
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Hi,

I couldn't able to make asset Po as it is asking for asset #.

I don't know what it is?

Please explain how to do?

Former Member
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Hi,

First Create the Asset number in AS01.

Enter the Asset number in PO creation at the Account assignment tab. Then no need to enter any thing system will copy all the details.

Proceed to create the PO & Save

rgds

Chidanand

former_member581212
Active Contributor
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asset Po is made via providing the value asset in the account assignment field in the item overview....

Or

You can also enter individually for each item in the item details tab ...

But before please maintain asset master from AS01..

Posting are :

For Gr:

Asset A/C: Debit(because increase asset..),

GR/IR A/C: Credit(corresponding posting)

for IR :

GR/IR A/C: Debit(clearence of posting)

Vendor: Credit(payement to vendor)

Regards,

Priyanka.P

AWARD IF HELPFULL

former_member335885
Active Contributor
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While creating PO in the account assignment you have to select 'A', You have to create a Asset master first in AS01.

it is the same as raw materials instead of stock account it will be assect account

When GR is made

asset account +

GR/IR -

WHen Invoice is made

GR/IR +

Vendor account -

Thanks & Regards,

Kiran

former_member581212
Active Contributor
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asset is made via

pankaj_singh9
Active Contributor
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Hi,

Use Transaction, AS01 - Create Asset Master (Take help of FI Person here)

1. ME21N - Create PO (Use Account Assignment Category as "A" - Asset)

Under "Account Assignment" Tab, enter Asset Master, Asset GL Account will get determined from the Asset Account Determination (Not from OBYC)

2. MIGO - GR for PO

Here Accounting Entry will be

(Asset Account Determination) Asset GL Account - Dr

(OBYC - WRX) GR/IR Clearing A/c - Cr

3. MIRO - LIV against PO

Vendor A/c - Cr

GR/IR Clearing A/c - Dr