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Counting old items (Spare Parts that came as part of an asset) as Inventory

Dear Experts,

We have some old items (Spare parts) that came initially as part of a machine (fixed asset), and was not counted as an inventory. There is now a requirement from business to count these items and receive as stock (for tracking purposes). What's the best procedure would you suggest to use for this case? And what procedure would you suggest if some of these items themselves can be treated as assets?



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  • Posted on Aug 13, 2018 at 01:07 PM


    Best option is to enter in asset with zero value so that it can be tracked. You can check the link:

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    • Hi,

      Abdullah is right on policy-decision point of view. But this is something like a inter-departmental issue. MM team should be able to give their views to FI team (If value of such goods are very high, then some audit experts can also involve in taking decisions)

      There are pro's and con's of using mvt 242/501, mainly on price of the material. 242 will try to post to inventory with MAP not with WDV. 501 may allow new value but will hit your MAP if you receive on existing material code.

      You may have to also consider FI documents created on these transactions, because, when you receive material suddenly to stock without paying any vendor (FI entries may not complete, which may need to be reversed by FI team).

      I remember in my previous company, we enabled split-valuation and used valuation type "Project Return" and take back the material to stock.

      There are many ideas, but it is all about material value and how it hit MAP and how the FI document flows.

      You may have to create different scenarios in Test client and check the end-to-end results (MM to FI flow) and suggest to your FI team (It is like a integrated testing scenario).



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