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Former Member

Asset and Equipment

Hi,

I want to know the difference between an asset and an Equipment.

Equiment can be created using IE01

Thanks

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3 Answers

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    Former Member
    Posted on Aug 22, 2007 at 11:56 AM

    HI Hiren

    ASSET is the master record created in the FI-AA module.

    EQUIPMENT is the master record created in the PM module. to moniter the maintenence activites for that particular equipment , that equiment are generally a asset in the finance module.

    From the Plant Maintenance (PM) component, you can settle maintenance activities that require capitalization to assets

    The Plant Maintenance (PM) component offers functions for the technical management of assets in the form of functional locations and as equipment.

    assign points if use full

    thanks

    gkk

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    Former Member
    Posted on Aug 22, 2007 at 01:53 PM

    at very basic level

    1 Asset can be made up by one or multiple Equipments/components. For eg. You have a big crane which is your asset. Now that crane is made up of body, arms, motor gear, ropes etc. all these are components for that equipment crane. So you can have either 1 to 1 relation between Asset and Equipment or 1:many between Assets and Equipments.

    You assign your asset/subasset to that equipment within Equipment master record t-code IE01 under Account Info tab - Account assignment section.

    Plz assign points if helpful.

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    • Former Member

      Kartik,

      I got a little confused here...u said that Asset is made up of many equipments....Saying that crane is an asset. Then u said crane is an equipment. I think your answer is correct. Can you please modify your answer a bit.

      Hiren

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    Former Member
    Posted on Aug 23, 2007 at 04:19 AM

    Hi Hiren

    It is also possible to create the equipment record whenever the asset is created. There is a task in IMG.

    thanks

    ashok

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