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Former Member
Sep 05, 2013 at 06:10 AM

Fixed asset treatment


Dear All,

I have this scenario, please kindly advice.

Three years ago, my company has leased one big printer machine, the lease term is three years over useful life is five years. Initially, the accounting staff has treated the down payment deposit to expense account, and we have paid rental fee each quarterly depends on the quantity of printed paper. Three years passed, the printer is belong to our company. My boss asked to book this printer as a fixed asset. I would like to use T-code ABNAN to do this...

Could you please advice the process how to book this printer machine ? As now the printer is not in our Fixed asset register, to avoid anyone sell this printer, boss adviced to book into fixed asset... Please kindly advice. I never use ABNAN.

1. AS01 to set up asset number.

2. Using ABNAN .. Then ... How to do it ?