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Asset Down payment

HI

While posting downpayment with reference to asset PO we are getting entry like as follows

Vendor Dr.

To Bank

Asset a/c

Dp for Clear Assets.

Asset should be debited at time of material receipt only.

Please advise.

Thanks

Balu

Edited by: balu18. on Mar 24, 2011 7:19 AM

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3 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Mar 24, 2011 at 07:11 AM

    Hi,

    At the time of down payment against PO which involve asset, system will capitalize the asset if we make setting for asset down payment. While asset should be capitalize when asset received.

    So, make simple down payment to vendor without PO reference.

    Regards

    Abdul Jabbar

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  • author's profile photo Former Member
    Former Member
    Posted on Mar 24, 2011 at 08:49 AM

    Hi Balu,

    Please follow the following steps which is a workaround solution for this:-

    1. Create a New Field Status group as a copy of G067 and assign Z067(Suppress Assets here) to your Vendor related recon accounts... (Special GL A)

    2. Now when you create a down payment request in F-47, you will get an error F5 378...

    3. Supress this error message in OBA5 - Enter Work area as F5 in OBA5 and supress the message no 378 to W.

    Follow this link where I have replied earlier on the same topic..

    F-48 Down Payment posting to Fixed Asset

    Regards,

    SAPFICO

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  • Posted on May 05, 2011 at 08:50 AM

    s

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