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Former Member
Jun 02, 2014 at 03:33 PM

Adding existing fixed assets to SAP B1


Hi there

I was wondering
if anyone could help. I'm using SAP Business One. Whilst I now can easily add
new fixed assets to the system using Account determination>Depreciation
types>depreciation areas> asset classes>>>>Asset master data
then using an A/P invoice to put the asset value into the system. That's all
very straightforward. The problem I have now is how do I add the existing fixed
assets ( older pre purchased assets prior to SAP B1) onto the system. These are
assets where some are a couple of years old and part depreciated and some
are fully depreciated. I need to put the book values onto the system as well as
the accumulated depreciation. I can't use the 'A/P invoice method' since
this will create a new liability for payment as well as creating a VAT
liability despite the asset having already been paid for. I've tried
experimenting in the 'Play' version of the system whereby I tried just using
'Asset Master Data' and Capitalisation' as a means of 'adding ' the asset
to the system. Unfortunately the balance in the chart of accounts remains
unchanged although if I drill down on the yellow arrow next to the account, I
can see the capitalisation entries which effectively cancel any balances out.

Would appreciate
some assistance on this one.

Thanks in