Configuration of Low value assets

[Former Member]

Dear All,

I have created a seperate asset class for low value assets. Assigned value based maximum amount check in depriciation area and maximum limit in asset class for low value asstes.

Stlii, when I am creating asset through AS01 for low value asset class, it s creating assets for greater values also.

Kindly suggest

Swati

[Former Member]

This question is answered

[Former Member]

Hi Swati,

By Low value Assets it is meant that if the Value of the Asset at the time of F-90 is equal to or less than the amount specified in configuration, provided the corresponding LVA indicator is set in the asset class.

If the amount that you are trying to capitalize is more than the amount specified.. system will stop you in F-90. It does not stop you from creating an Asset Master record, because while creating a master record we do not have values of the Asset.

Regards,

SAPFICO

[viswanatha_reddy]

Hi,

Path:

SPRO -- FA - AA - Valuation -- Amount Specifications (Company Code/Depreciation Area) -- Specify Max. Amount for Low-Value Assets + Asset Classes

1 - Specify LVA asset classes

2 - Specify amount for low value assets

Create asset Class in AS01 & Test it in F-90

Regards

Viswa

[Former Member]

Dear Friends,

All the above steps have been followed. The maximum value has been set . But F-90 is not showing any error for higher values.

Please suggest.

[viswanatha_reddy]

Hi,

Check OAY2 Settings,

Settings should be Dep Area 01 - LVA - 1 / 2

Stil u r not getting error give me at least message number.

Regards,

Viswa

[Former Member]

Hi,

All the above settings has been done.

In F-90 the system is showing the message:" Asset 35000 1 have been created." for amount more than the L.V.A max limit.

Please suggest

Swati

[viswanatha_reddy]

Hi,

Go to OBA5 and Change Warning message in to Error.

>>> Provide Message NO

Regards,

Viswa

[Former Member]

Dear Viswa,

It is not showing any warning message. Only the message that the asset have been created.

Swati