Reversing GR for Asset PO

[Former Member]

Dear experts,

I never handled an asset PO.

User Posted Gr for an item in an Asset PO in one year back.

But vendor would not send it and we will never invoice against to this item.

We now need to clear GR/IR for this PO.

I came to know that we can not reverse GR for asset PO like in standard PO.

Canyou please let me knwo,

1.what are all the consequences when we reverse asset PO GR?

2. What should be the process to Reverse this GR?

I have no knowledge on Asset postings when posting GR. Can any one help me to understand the scenario and solve our problem.

Thank you,

Marella

[Former Member]

Hi Marella

Considering that Excise Invoice is also posted for the Asset, then you will have to reverse the Invoice.

Then you can either cancell the MIGO or Post Return Delivery to the Vendor.

also check following posting done on SDN to reverse asset GR

Use T.Code: as02 and click on Depreciation areas, then double click on Depreciation area( :01 - book dep), there u can select the field allow negative postings allowed. Once this process is completed, remove that indicator.

If u couldn't found that field, then goto screen layout for depreciation area and change status from suprress to optional

Before doing this consult with FI consultant also

Hope this will work

Vishal...

Reward if usefull

[Former Member]

Hi all,

In AS02, the folowing information is available.

Negative values allowed already checked with a tick mark.

Depreciation key is 0000:No depreciation and no interest

Ord.dep.start date 07/01/2005

Operating readiness 07/26/2005

Useful life 0 / 0

Expired useful life 0 / 0

Original useful life 0 / 0

Changeover year

No. of units deprec. 0

Variable dep.portion 0.0000

Scrap value 0.00 USD

Acquis.year 2005 7

I am unable to understand the link between PO GR and As02.

Ccan any one explain the postings affected when we do GR for Asset PO.

and also please note that there will not be invoice posting for this. we need to balance GR/IR accounts. So that I need to cancel/Reverse GR.

Please explain me how can I proceed.

If there is any other method please let me know.

Thank you,

Marella

Message was edited by:

marella subbareddy

[Former Member]

Can any one explain me?

Regards,

Marella.

[Former Member]

Hi

u can reverse it by m.type 124 or 122.But the posting periods will be different.