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Former Member

Capital goods

Whats the difference between Capital Goods & Assets wrt PO creation; as no material is assigned to PO for assets and modvat is claimed for it.

regards

VS

regards

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    author's profile photo Former Member
    Former Member
    Posted on Dec 04, 2007 at 01:33 PM

    Capital good PO will be with out asset number if u dont give acc asssign cat A

    then this amout willnot go to any A

    and if any PO is given Acc ass Cat As A then it will ask for Asset Number. so that u ammount willgot o asset

    for modvat

    for thouse material if u have assigned Asset consumable or tools in J1id

    in this case u will have to talke creadit 50 50 %

    PO with out material master

    in this case u can get tax valused bast on material group

    for materia group u will have to maintain condition record in FV11

    and u can avail miodvat for pos with out materil master also

    reward if usefull

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