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author's profile photo Former Member
Former Member

asset buying process

hi gurus

tell me about the 'asset buying process,,

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  • author's profile photo Former Member
    Former Member
    Posted on Jan 30, 2008 at 03:31 PM

    You can buy asset (acquire asset) using MM module or FI Module.

    If you use FI Module then you use t-code : F-90 to acquire the asset.

    This is the simple way.

    If you use MM module then you can acquire the asset when the Good Receipt/Invoice Receipt (t-code : MIRO).

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  • author's profile photo Former Member
    Former Member
    Posted on Jan 30, 2008 at 06:40 PM

    Asset buying process is called acquistion.

    Asset acquistion can be from

    1. from outside: you acquire assets from external sources, like buying a house, buying a vehicle which becomes your asset.

    2. in-house: your company is building a manufacturing unit which will become its asset. the cost incurred on manufacturing is captilazied once plant becomes operational.

    In case 1. following is the process flow

    a. Create a purchase requisiton (MM process)

    b. create a PO for vendor(MM process)

    c.1. goods recieved by plant of your company(MM process)

    c.2. invoice sent to your company by vendor(A/P process)

    d. invoice paid by your company to the vendor(A/P process)

    In case 2 following is the process flow

    a. Cost collected in WBS/IO ( PS/IO process)

    b. Settlement of WBS/IO to AUC( PS/IO process)

    c. Settlement of AUC to FXA (PS/IO process)

    Hope this helps

    NT

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