Skip to Content
avatar image
Former Member

Purchase Order involving Fixed Assets

HI,

I am trying to understand how a purchase order can be raised for a fixed asset. I need to create a purchase order for a fixed asset by selecting a product category ID.

I have created Product Category "1150" "Operations Software" which I want to use to capitalise fixed assets. I have also created a fixed asset account determination Z007 (Business Config>Overview>Chart of Accounts, Financial Reporting etc> Edit Account Determination groups>Fixed Assets and i have also filled in fixed assets accounting determination to specify gl accounts for cost, dep, acc dep etc)

How can i get product category "1150" to use account determination Z007 as this does not appear on the screen shot below Business Config>Overview>Default Account Determination Groups for Product Categories. This is picking up onlythe account determination's created for inventory and costs but not fixed assets.

Jay

Add comment
10|10000 characters needed characters exceeded

  • Get RSS Feed

2 Answers

  • Best Answer
    avatar image
    Former Member
    Oct 21, 2015 at 06:49 AM

    Hi Jay,

    Goto Business Configuration --> Fixed Asset Classes and create a Fixed Asset class using the Account Determination Group Z007.

    Once you have created the Fixed Asset Class then you need to goto Fixed Asset Woc --> Asset Class Determination --> Here you need to map Product Category ID with Fixed Asset Class.

    After alll these settings you are able to create a Purchase Order for a Fixed Asset.

    Thanks & Regards,

    Anant Patel

    SAP BYD FUNCTIONAL CONSULTANT

    Phone: +91-9716100326

    Email: anant3113@gmail.com

    Skype: anant.3105

    Add comment
    10|10000 characters needed characters exceeded

    • Hi Jay,

      I created a supplier invoice and get out of it the Journal Entry (with information of my Fixed Asset).

      You have to enter in the invoice Individual Material (Use button "New") as "Account Assignment Type".


      What have I done?

      1. I created a new Product Category "1150"

      2. I created a new Account Determination Group for Fixed Assets (Activity List -> Chart of Accounts -> Edit Account Determination groups) "Z007"

      3. Now I open the activity "Fixed Asset Classes" and create new Asset Class "1111" that maps to my account determination "Z007"

      4. Last Step is to maintain the fixed asset class determination in the same activity (So if Product Category "1150" and Indivual Material Assignment is selected, a Fixed Asset for Asset Class "1111" gets created.

      Best regards

      Marlene

      screen1.png (138.6 kB)
      screen2.png (137.0 kB)
  • Oct 20, 2015 at 05:15 PM

    Hi Jay,

    Do you want the capitalized asset to have the linkage to ADG (account determination group) Z007, right?

    In short, you link the product category to a fixed asset class and the asset class is linked to an account determination group that is created under the Fixed Asset subledger. This is done via Fine-tune activity Fixed Asset Classes.

    Once the asset is created, it gets linked to the above asset class and ADG.

    Best Regards,

    Alexandre.

    Add comment
    10|10000 characters needed characters exceeded

    • Hello Jay,

      Complementing Alex's answer I also recommend you to check the help documents below:

      Fixed Asset Classes

      Edit Asset Class Determination

      Thanks and Regards,

      Albert.