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How can i use Fixed Asset for internal use in SAP B1?

1. I have capitalized fixed asset and now need to use for internal use in production. How can i do in SAP B1?

2.System Automatically capitalized fixed asset based on A/P Invoice of Fixed Asset. I need to stop auto capitalization. How it is possible? And how can i put FA in Capital WIP ?

Please guide me for the same.

Regards,

Kinjal Parekh

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  • Posted on Dec 11, 2017 at 09:10 AM

    Hi Bipin,

    1.Create a separate item group.

    2.Create the items.

    3.Set G/L by Item-Group-Under expense account you need to map CWIP (capital work in progress).

    4.Book A/P invoice -Account postings will be Vendor account Credit & CWIP Account debit.

    5.Capitalize the asset-Account postings will be CWIP Credit & Main Asset debit.

    Regards,

    Pradeep

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