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Former Member

Fixed Assets - Work in progress

I need to create an asset in the year 2016 but it will be under Work In Progress as the store is going to open in the year of 2017 Jan. So my year end is Dec'16, i will need to create a WIP but not depreciating it. When my data was migrated into SAP, i was taught to use AS91 but i was told that it is for migration of data only. Anyone know what is the correct Transaction code for the creation of Assets-WIP?

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    Former Member
    May 03, 2017 at 04:33 AM

    Hi

    you need to create separate asset class for Fixed Asset WIP with 0000 depreciation key and you can migrate via F-90. if anything capitalized before golive then you need to reclass it to correct fixed assets and migrate via AS91. if nothing capitalized till golive date you can post via F-90.

    Dr Fixed Asset WIP

    Cr Control Account

    Regards

    Srini

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