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Integration of Equipment with Asset Master

former_member254442
Participant
0 Kudos

Hi All,

If we integrate equipment no with asset master by entering asset no field in equipment master , what are the benefits we can achieve other than tracking purpose like can we achieve that whenever Finance team scrap asset master ,equipment master status should be inactive or del. flag automatically .

Thanking you in advance for your valuable input .

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Answers (1)

Answers (1)

i520
Advisor
Advisor

HI Bora,

One of the benefits is to activate your maintenance costs created for an equipment and settle them to an asset under construction (E.G. renovation of an asset/equipment), to do so, a maintenance order with account assignment category FXA is to be defined in the settlement rule and enter the asset number as the account assignment object. After settlement, value generated in will be assigned to the asset master record as an Acquisition from settlement from CO to assets.

You can have continuous synchronization between asset and equipment, so for example if you change the cost center of an asset, the cost center of the equipment change automatically (refer to note 370884 - PM-AA 4.6C: Consulting on sync activation + corrections).

Regards.

Farid AZZI.

Award if it is helpful !