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author's profile photo Former Member
Former Member

Low value assets...

Dear All,

I did config for Low value assets and i mentioned maximum amount for LAV is RS: 5000, if i try to purchase assets in this asset class with more that rs 5000 system should through an error, but this is not happening. Did i miss any setting for this.

Regards,

Suresh Patipati.

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    author's profile photo Former Member
    Former Member
    Posted on Jun 17, 2008 at 05:09 AM

    Hi Suresh,

    Please config.. as per following link

    http://help.sap.com/bp_iasifrsv1470/BBlibrary/Documentation/I52_BB_ConfigGuide_EN_DE.doc.

    Assign points if useful

    Regards

    Sunil

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  • author's profile photo Former Member
    Former Member
    Posted on Jun 17, 2008 at 05:11 AM

    hi

    u want to purchase low value asset u change the amount,

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  • author's profile photo Former Member
    Former Member
    Posted on Jun 17, 2008 at 05:28 AM

    Hi,

    Go to SPRO ->Financial Accounting->Asset Accounting->Valuation->Amount Specifications

    ->Specify Max amount for low value assets + Asset Class-> Specify LVA Asset Classes

    select the Low value asset class line and double click on the Low value asset Check

    Select the No maximum amount check and save

    Define the Depreciation key seperatly.

    now go to master data and create the master, in the dep. area dont enter any useful life

    asign one period and give the dep start date.

    so that the dep is calculated and the net book value is not carried forward to the next month.

    the asset is deactivated after the dep run.

    Reward if use ful.

    Padma

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  • author's profile photo Former Member
    Former Member
    Posted on Jun 17, 2008 at 07:40 AM

    Hi Suresh,

    Pls check the settings that you have made in the T cde OAYK.

    As the maximun amount specified here would restrict the posting of Asset acquisiton exceeding this amount.

    Regards

    Phani

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