Assets taken on lease but Ownership rests with the vendor

[Former Member]

Hi

My Company has taken many assets on lease from various vendors(xerox machine,Air conditioner ,machinery etc) for which the company pays rent on a monthly basis.Such assets are not capitalized by the company nor follows the lease accounting concept as the ownership is with the vendor.The company just requires to track such assets on a statistical basis in SAP .

Is there a way out in SAP where we can statistically track such assets with the location info etc. just like an asset register

Thanks and Regards

Ajit Ravindran

[Former Member]

Hi ajit,

in such a case you will have to add a new depreciation area to your chart of Depn with the indicator posting to G/L as " 0 " as ' 0 " means no posting shoudl be made to G/l account and means its statistical

Next you will have to Add this depn area in the asset class under the Transaction " Detemine Depn areas in asset Class "

Finally you have to Create an asset master and assign your requried Depn key to the Statistical Depn area .

NOTE : you have to deactivate the Depn area 01 in the config which i mentioned to you about or simply assing the Depn Key 0000 in the filed DKEY in the asset Master to the Depn Area 01.

Hope this helps Inshalah

Regards

sayeed baqresa

[Former Member]

Hi

There an option of leasing types (T-Code- OAC1) ,the IMG documentation gives the below information.

In the FI-AA system, leased assets can be

managed as statistical assets (without values)

capitalized according to the capital lease method.

Asset Accounting>Asset Accounting(lean Implementation)>Special Valuation-->Define Leasing Types.

Can any body put some light into this as to how do we go about configuring it.

Thanks and Regards

Ajit Ravindran

[rane_prashant]

Hi,

If you want you can also use asset accounting with asset aquisition value amount 1

Regards,

Prashant Rane

[former_member205615]

Hi Ajit Ravindran

How about to register the master data of those lease asset in a specified asset class first, then use report S_ALR_87012056 for your statistical management.

Hope it helps

George