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Former Member

Capitalization of Services on Asset

Dear Experts,

We are capitalizing AUC to Final asset through AIAB & AIBU without using internal order. We also capitalize other expenses by adding AUC asset no. in direct expense postings and follow the aforesaid procedure. We are not using PS module. Now our requirement is to capitalize services on assets. We procure services using service master in service PO. We have to settle these expenses pertaining to services to final asset. Please let me know how can we achieve this. Someone please shade light on this.

Regards,

Aniruddha Mahalle

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2 Answers

  • Best Answer
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    Former Member
    Sep 20, 2014 at 08:11 AM

    Hi Aniruddha,

    Give the internal order in PO account assignment. Let the expenditure be booked in internal order then when you settle the order it will be booked to asset.

    Hope it is clear.

    Regards,

    GSR

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  • Sep 20, 2014 at 07:17 AM

    Hi Aniruddha,

    You can directly book the expenses to final asset by AB01/ABSO/FB01 using TTY-100. The entry will be:

    Asset A/c Dr

    Expenses A/c Cr

    Regards,

    Mukthar

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