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Management of Assets as inventory and how to calculate the asset depreciation

Feb 22 at 09:38 AM

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Former Member

Hi Experts.

We have in our organization several departments, every department plan their budget before the beginning of the fiscal year, and for the asset procurement they plan the needed assets during the year and allocate from their budget for the asset procurement, the asset depreciation start to calculate from the goods recipte date,

For some reasons we need to manage the assets as a stock so we can receive the asset in a storage location then issue the asset to the departments after some while of time may be up to 6 months, how could we allocate and calculate the asset depreciation in this case.?

Thank you so much for your kind help

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2 Answers

Bernhard Kirchner
Feb 27 at 02:04 PM
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Hi Ahmed,

I'm sorry I don't understand the question:

"need to manage the assets as a stock"

Does it mean that there is no depreciation but revaluation and devaluation?

=> For stocks there are special tools, but perhaps you could use depreciation key "0000" and / or under certain circumstandes ABAA /ABZU. Or perhaps post-capitalization.

"receive the asset in a storage location"

Does this mean that there is no depreciation in a certain period?

=> in this case "shutdown", explained in note 2444093 could be a solution for you.

best regards

Bernhard

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Jürgen L
Feb 27 at 02:36 PM
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if you order a material with account assignment asset then you do not get any stock into a storage location.

If you order to warehouse stock then you do not get any value to asset until you post a goods issue to asset.

So you can try with a UNBW material type, non-valuated stock. This allows to manage inventory without value. In the purchase order you have to specify the account assignment A for Asset. The goods receipt does not post any value, the value is posted with the invoice receipt directly to your asset and you can start your deprecation as usual, while you manage the inventory in your storage location until you issue it without value to one of your cost centers.

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