Asset Procumerement process

Plz send me how to do Asset Procumerement process step by step...

Read this article [Capital Procurement in SAP|http://www.sdn.sap.com/irj/scn/index?rid=/library/uuid/808c60ca-013b-2c10-34a2-94d1eb442e6f]

Similar Messages

  • Asset Lines Processing(pa_client_extn_asset_creation)

    Hi Gurus,
    I have a requirement on my project where the client requires the assets lines built and created should be grouped individually based on expenditure organizations in the Invoice distributions which are matched to the Purchased Orders. The Date placed is service for the Asset should be the date the Invoice is paid. The CIP Account generated for the assets lines should be based on the locations in the Expenditure.
    For Example. If a user wants to creates a PO for different locations he navigates to the Po distributions window and selects the Project Tab. He selects the same project number but uses different expenditure location as he wants to send the products to different locations. This PO is invoiced and paid. When the CIP is built and assets are created they get created based on the project organization instead of the expenditure orgs. Also the assets are tied to the just one asset name instead of differentiating with orgs.
    So for the above requirement we would lke to build a Asset Lines Processing client extension which would create project assets and asset assignments prior to the creation of asset lines, based on transaction data (such as inventory issues or supplier invoices) entered for the project.
    Please provide your experience inputs and helpful documents to build this client extension. If there is any sample code to be used then please advise.
    Thanks you for all your help in advance.
    Asad.

    Hi,
    You can make use of the Asset client extensions PA_PROJECT_ASSETS_PUB.ADD_PROJECT_ASSET and PA_PROJECT_ASSETS_PUB.ADD_ASSET_ASSIGNMENT and add your custom logic there.
    Hope this helps !
    Sathish Raju
    www.projectsaccounting.com

  • Asset capitalization process

    Hi,
    Please help me that what is asset capitalization process and what is post capitlization what is the difference
    I will assign points
    Thanks
    Radha

    Hi Radha,
    Asset Capitalisation refers to the process of placing the Asset to use or it can also be reffered to as a date from which the Asset is put to use.
    It is only after this date that the Depreciaiton is being calculated on the asset. We would normally not calculate Depreciaiton unless until the asset is being capitalised.
    For Example:- When a office Building is being constructed,then it would be Capitalised when the construction it is fully completed and it is put to use.Upto the date of Capitalisation it is called as the Asset Under Conmstruction.
    Further Post Capitalisation refers to the situaution,where the Asset would have already been capitalised,then a major expenditure relavent to the asset is incurred then it is called as post capitalisation.
    Hope I have clarified your doubt.
    Regards
    Phani

  • Asset buying process

    hi gurus
    tell me about the 'asset buying process,,

    Asset buying process is called acquistion.
    Asset acquistion can be from
    1. from outside: you acquire assets from external sources, like buying a house, buying a vehicle which becomes your asset.
    2. in-house: your company is building a manufacturing unit which will become its asset. the cost incurred on manufacturing is captilazied once plant becomes operational.
    In case 1. following is the process flow
    a. Create a purchase requisiton (MM process)
    b. create a PO for vendor(MM process)
    c.1. goods recieved by plant of your company(MM process)
    c.2. invoice sent to your company by vendor(A/P process)
    d. invoice paid by your company to the vendor(A/P process)
    In case 2 following is the process flow
    a. Cost collected in WBS/IO ( PS/IO process)
    b. Settlement of WBS/IO to AUC( PS/IO process)
    c. Settlement of AUC to FXA (PS/IO process)
    Hope this helps
    NT

  • In-house production of asset through process order

    Dear Experts,
    We are procuring  raw material and doing in house production for this raw material.
    The process i followed is :
    we created a new order type and assigned settelement profile for asset under contruction
    while creating prod order it is asking for settlement rule
    which is correct and we gave the aset number there and 100% settlement
    my doubt is system does not allow to settle the order until it has status of delivered or teco ..
    if we make the grn from production and aslo settle to asset double entry will be passed to asset in balance sheet ..
    how can we directly settle only to asset instead of doing grn from prod
    Please let me know how to overcome this situation. A quick response is highly appreciated.
    Thnx
    Srinivas

    Hi Srinivas
    The Header Material of the Production Order should be a Non Valuated Material i.e. the material for which the Prod Order is created should be a Non Valuated Material...
    Even if you do the GR, the same will be non valuated and hence have no value...
    Once the process is complete, you need to settle the same to the Asset.... Hence, there will be NO double accounting...
    Even if your Material is not Non Valuated, you need not worry.. Since you have assigned Asset No in the settlement rule, this means the GR will be Non Valuated, though the Materila might be valuated.... So, in any case, there wont be double accounting
    Just settle the Prod Order to Asset and it will be done!
    Br, Ajay M

  • Asset procurement process

    Respected gurus,
    could you discuss the asset procurement complete process by invololving mm &ps module.
    regards
    jana

    Hello,,,
    From MM Point Of View
    1)     Create the asset in Asset Accounting.
    2)     Create the Purchase Order with correct PO Type and Proper account assignment cat for this MM person will help you.
    3)     Release the Purchase order if it required.
    4)     Post the MIGO for the same Purchase order.
    5)     Post the MIRO for the same Purchase order.
    Regards,
    Ravi

  • Asset Management Process/Functional Flow

    Hello EAM Guru's,
    Can some provide me with functional(process) flow of Enterprise Asset Managment.
    For example functional(process) flow of Sales & Disturbution is ........ Inquiry -> Sales Order -> Delivery -> Invoice.
    Of course this is not brief explanation of SD flow...... Please give descriptive step of each process Please.
    Thanks a lot,

    Hi,
    Follow this link...
    http://www8.sap.com/businessmaps/32C13E8009BB4598B2A499A6554E0E67.htm
    Reward points if useful....
    Regards
    AK

  • Asset - worklist processing status not getting changed

    Hi,
    I created a worklist through Tcode- 'AR01' for processing mass
    retirement of assets.
    I executed the worklist through Tcode- 'AR31', and released the
    worklist.
    The status is in 'In process' is not changing even when I keep on refreshing it.
    The system speed is normal.
    rgds

    Hi,
    The session is not getting displayed in 'SM12' for the basis person to break the session.
    Also the worklist status shows 'IN PROCESS'
    How should I delete a worklist?
    rgds

  • Delete Asset from Asset Rerun process

    The asset class(Land - non depreciated) for and asset was accidentially changed to a class for Furnature and Fixtures(which is depreciatable). When the depreciation run was executed, it error out because of this one asset had a class which should have the dep.key = 0000(no account assignment), but instead now has a class different class.
    Because the run errored, the depreciation was posted in the asset module, but not in FI. Now I cannot re-start the depreciation run until I can remove the asset.
    How can I remove this asset and continue the restart process?
    Colin

    Ok Here is how it was resolved.
    1) Reverse the asset cost for the asset (Tcode = AB08)
    2) AO90 to assign G/L accounts.
    3) Restart the Depreciation process to post Depreciation Cost...successful.
    4) Run the Depreciation process normally to Reverse the Depreciation Cost(so there will be a Cr and Dr posting in the G/L account)
         ...Successful
    5) AO90 to reove the G/L accounts.
    6) Run the Depreciation process normally to confirm no more errors....successful
    Thanks for the advise about Tcode = AB08.
    Colin

  • PSD Asset not processing into system?

    Hi,
    I'm working with Extract for the first time today. With the first, small and straight-forward file the system worked beautifully. However, with subsequent attempts to work with larger and more complex PSDs, not only does it seem that they are not processing into the system (no thumbnails in Assets view), but when I try to view the file in the Extract view, the system attempts to process them and then fails at 34% each time.
    I have confirmed that there are fewer than 1000 layers in these files (up to 833). However, there are commas in the layer names, which is triggering issues in the Extract Assets process within PS itself.
    Could you help me troubleshoot what's going on here?
    Thanks in advance.

    Sure... we're always interested in files that don't process because our target there is zero :-)
    Since I don't have access to these failing files you would need to explicitly share them with us for investigation. If it's something that you can share, you can do so by choosing "Send link" from the dropdown and then choosing "Create public link."  That will create an (unlisted) link that you can then share via PM or even here in the forum if you choose.
    Thanks,
    -Mitch

  • Asset Leasing Process

    Hi Experts,
    I am facing with a difficult scenario with asset to lease, I have already a suggestion for this if any body have another idea about this, please help me with other suggestions.
    This is my scenario,
    I have a new material (produced or purchased) and interested to give this to lease. For giving to lease I need to perform GI of Inventory item to Asset (using 241mvt type) using 'NEW' valuation type, asset no and serial no. Then assign asset no to equipment, change the equipment master batch to 'CAP' valuation type. After that perform a 501 mvt type in GR using the 'cap' valuation type with ZERO dollar value, so that the asset value is still in the asset account and deprecation is going to happen periodically. Equipment is again backing to stock with zero value, but we can track the quantity in stock and going to give them to rent. After the rental period the equipment will returned by the customer is again come to stock after the maintenance.
    Thanks
    John.

    Hi ,
    Still I suggest Invoicing plans only. As they are designed and delivered for this purpose by SAP.
    You may  study and evaluate the  options available with the help of the following information.
    Invoicing Plans (Rental, Leasing, Part-Payments)
    Use
    An invoicing plan comprises a list of scheduled dates on which invoices relating to PO items covering materials or services are to be entered in the system and subsequently paid.
    The invoicing plan facilitates the largely automated creation and payment of invoices for both recurrent procurement transactions (e.g. rental or leasing) and transactions that are to be invoiced in stages (e.g. following the completion of individual phases of a construction project).
    The following two invoicing plan types are available:
    Periodic invoicing plan
    Partial invoicing plan
    Periodic Invoicing Plan
    The total value of the PO item is invoiced on each due date set out in the invoicing plan.
    For example, a $600 leasing charge for an automobile is invoiced and paid on the 27th of each month.
    Partial Invoicing Plan
    The total value of the item to be invoiced is broken down and distributed over the individual dates of the invoicing plan.
    For example, payment with respect to a certain construction project is to be effected in three stages as follows: 30% of the value of a PO item is to be invoiced and paid following completion of the first construction phase, another 30% after the second phase, and the rest on completion and acceptance of the final phase of the work.
    Prerequisites
    In order to work with an invoicing plan, you must maintain the following settings (among others) in Customizing:
    Desired invoicing plan type
    Date categories
    Date descriptions
    Date proposals
    You can also specify whether the invoicing dates are to be entered/maintained manually or whether the system is to suggest them.
    Hope , this would help your purpose.
    Regards
    Raghuramam.

  • Accounting Entries in Project Asset Capitalization Process

    Hello Dina,
    Can you explain the accounting entries for capital projects for the scenario mentioned in the below points ?
    1. A a project related supplier invoice is created for a capital project. It is validated, accounted and entries are transferred to GL. These are the entries:
    Dr - Asset Clearing Account
    Cr - Supplier Liability Account
    2. Now, the transaction is interfaced to projects. The cost distribution line for the transaction only shows the Debit entry here (standard functionality)
    Asset Clearing Account - Dr
    Cr - Blank.
    Since there are no adjustments to be made nor any more costs to incur, the project is capitalized.
    3. Once asset lines are generated and then interfaced to Oracle Assets, the same clearing account (i.e. Asset Clearing Account of step 1) can be seen in Mass Additions screen in 'Clearing Account' Field. WHERE IS THIS USED ???
    4. When the additions are set to POST, the system asks to enter 'Expense Account' and defaults the 'Bonus Expense' account from the setup for the asset category. WHERE IS THIS USED ???
    5. Finally in the output of the Post Mass Additions request, there is a column 'Asset Account' which shows the value of the 'Asset Cost' account from the setup for the asset category. WHAT IS THIS FOR ???
    Request you to throw some light on this.
    Thanks,
    Chandu

    Hi
    See my response on your later post.
    Dina

  • DEPRECIATION PROCESS IN ORACLE ASSETS(FADEPR)

    제품 : FIN_FA
    작성날짜 : 2003-05-20
    DEPRECIATION PROCESS IN ORACLE ASSETS(FADEPR)
    =============================================
    PURPOSE
    Oracle Assets 에서의 depreciation process 를 간략하게 기술
    Explanation
    DEPRECIATION IN ORACLE ASSETS
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    The Depreciation Program (FADEPR) 은 감가상각비 및 자산조정액을 계산하여 감가상각 누계액에 Update 하는 역할을 한다. 감가상각을 실행하면 다음 4가지 독립적인 Request가 실행된다.
    =======================================================================
    - Generate Accounts (FAGDA - Release 11 and 11i)
    - Calculate Gain/Loss (FARET)
    - Depreciation (FADEPR)
    - Journal Entry Reserve Ledger Report (FAS400) for a Corporate book
    or Tax Reserve Ledger Report (FAS480) for a TAX book.
    - Process Pending Transactions (11i only)
    1.Generate Accounts process (FAGDA)은 필요한 GL code combinations 을 생성하여 FA_DISTRIBUTION_ACCOUNTS table에 값을 입력한다. Generate Accounts (FAGDA)는 감가상각 Process의 성능향상을 위해 Depreciation Program (FADEPR)과는 별도로 실행된다. Generate Accounts Running시간은 자산의 수 Distribution의 수에 따라 달라진다.
    2. Calculate Gain/Loss Process(FARET)는 처분된 자산의 손익을 계산하는 과정으로 당기의 처분/취소 자산의 감가상각액을 대상으로 한다. FARET는 꼭 감가상각을 실행하면 실행되는 것은 아니다. 자산의 처분/취소가 일어날 때마다 실행된다.
    3. Depreciation process 는 감가상각비 및 자산조정액을 계산한 후 해당기를 마감한다.마감한 Period 에 대해 다시 Open 하는 것이 불가능하므로 감가상각을 돌리기 전 모든 Transaction을 끝내야 한다.
    4. Process Pending Transactions program 은 Depreciation request set에 Mass Addtion Post작업을 추가하여, 감가상각이 실행 후 다음기를 Open할 때 Mass Additions Post job 이 자동적으로 실행되도록 한다.
    Oracle Assets 은 감가상각비를 계산할 때 다음과정을 거치게 된다.
    =================================================================
    1. DPIS와 Prorate convention을 이용하여 Prorate Data를 결정한다.
    2. Prorate data와 Prorate Calendar를 이용하여 Prorate Period를 결정한다.
    3. 감가상각율을 결정한다.
    4. 감가대상액을 결정한다.
    5. 감가상각비를 결정한다.
    6. 당기 감가상각비를 결정한다.
    각 과정의 부가적인 설명은 Note:77371.1 를 참조하세요.
    Example
    Reference Documents
    Note:77371.1

    Hello.
    Set the asset cost to zero.
    Octavio

  • Downpayment Request for asset

    Hi
    I am new to Asset accounting.  I have a problem which says likes this at the time of a Down payment request creation:
    Message no. F5378
    The asset number assigned in the purchase document
    is different from the asset number entered manually
    cannot be transferred, because the 'Asset number' field was hidden for the account in question
    System Response
    In the first instance a warning appears, drawing your attention to the different account assignments. In the second instance an error message appears, because the asset number must be transferred from the purchase order but the necessary field is hidden.
    Procedure
    If you receive the warning, check which asset number is the correct number for this down payment.
    If you receive an error message, you must either choose another special G/L indicator for down payments so that it is possible to assign an asset number to the relevant general ledger account, or you must change or delete the the specified purchase document number. Only those purchase documents are allowed which are not assigned to assets
    How can I solve this issue ?
    Regards,

    hi,
    Pls follow some point:
    Complete the Fixed Asset acquisition process from a Payment.
    Define the process from Payment to Fixed Asset Acquisition document to Fixed Asset Registry.
    Manage and process the Fixed Asset Shell.
    Summary of Steps:
    Payment Processed via PRC
    Payment Disbursed in nightly batch
    Fixed Asset Shell Created in a weekly Bach (currently after AD/EFT date reached)
    Department Monitors Fixed Asset Shells from Fixed Asset Payment Request (FAPR) Table. 
    Departments update FA Shell with appropriate information to Fixed Asset Document
    Fixed Asset Shell Defined:
    The Fixed Asset Shell is a Fixed Asset Acquisition document that has been automatically generated by MMARS after an eligible payment and disbursement have been completed.  It is used to record, better or increase the value of a Fixed Asset.  Departments will manage the Fixed Asset Shells via the FAPR table.  After processing the Fixed Asset Acquisition document information is updated in the Fixed Asset Registry.
    To create a Fixed Asset Shell the Commodity and Unit Price must match or exceed the Fixed Asset Shell threshold settings defined for each fixed asset eligible Commodity Code.  These threshold settings are stored in the Commodity FA Threshold (COMMFA) table in MMARS and sorted by Commodity Code.
    Fixed Asset Document Structure:
    Notes:
    Step 1 - From the Home Page   
    u Click Search
    v Click Page Search
    v
    u
    Step 2 - From the Page Search   
    Open the Fixed Asset Payment Request Table (FAPR)
    uType [FAPR] in the Page Code field.
    vClick Browse Link
    v
    u
    Step 3 - From the Page Search   
    uClick Fixed Asset Payment Request Link 
    u
    Step 4 - From the FAPR Table   
    uClick Search Link 
    u 
    Step 5 - From the FAPR Search Box   
    Filter the contents of the FAPR table to view just your Departmentu2019s Payment Request (PRC) documents.
    uType [3 Letter Department Code] in Doc Dept Field
    Add any other known search criteria to filter the search
    vClick OK Link
    v
    u
    Step 6 - From the FAPR u2013 PRC Grid   
    u Select the PRC Document ID from the grid
    Checkmark on the row notes this is the active row, this data is shown on the scalar.
    vClick Generated Shell Details Link
    u
    v
    Step 7 - From the PRC Generated Shell Details   
    To access the Fixed Asset document associated with this PRC.
    uClick the FA Document Number Link
    u 
    Step 8 - From the FA document   
    uClick the Edit button at the bottom of the page. 
    u
    Step 9 - From the FA Header   
    Update the FA document.
    uCheck the Auto Generate FA Number field
    Define the Prefix of the Fixed Asset Number.  This will be the Prefix added to the Fixed Asset Number.  The prefix is the Fixed Asset Type of the base component.  
    The choices are:
    B - Building
    C - Construction in Progress
    E - Equipment Other than H, K or V
    H - Landmarks/Monuments/Artwork
    I - Infrastructure
    K - Computers/Software/Cabling
    L - Land
    V - Vehicles u2013 Air/Land/Water
    S u2013 Computer Software over $1million
    vType [Prefix] in the Prefix field
    wType [Fixed Asset Description]-Departments should be as descriptive as possible to distinguish the asset in the Fixed Asset Description field
    x Keep Event Type FA01 (Acquire a FA) if Applicable, otherwise update
    yClick Responsibility Center Link
    y
    x
    w
    v
    u
    Step 10 - From the Header Section u2013 Responsibility Center Sub Section   
    uType [3 Letter Department Code] in Department Field (or click pick list to select)
    vType [4 Digit Unit Code] in Unit Field (or click pick list to select)
    wClick Component Link
    w
    v
    u
    The FA document has the following structure:
    This is the component line of the FA document.  Accounting lines are associated with the component and there could be multiple accounting lines associated with this component. 
    Step 11 - From the Component Section   
    uClick Component General Information
    u
    Step 12 - From the Component Section   
    From the Component General Information sub-section
    uType [component number] in the component number field. For original acquisitions the suggestion would be u201C0001u201D
    Note: The Comm Code and units is inferred from the PRC
    Step 13 - From the Component Section u2013 Acquisition Details Sub Section   
    uType [Acquisition Method Code] in the Acquisition Method field (or click the Pick List Arrow to select)
    the acquisition detail
    vClick Component Location Details Link
    v
    u
    Step 14 - From the Component Section u2013 Component Location Details Sub Section   
    uType [Location Code] in the Location field (or click the Pick List Arrow to select)
    vClick Component Classification Link
    v
    u
    Step 15 - From the Component Section u2013 Component Classification Sub Section   
    Step 15 - From the Component Section u2013 Component Location Details Sub Section
    uKeep the default [Normal] value in the Fixed Asset Classification field. This notes a Shell generated fixed asset documents.
    vType [Fixed Asset Catalog Code] in the Fixed Asset Catalog field (or click the Pick List Arrow to select)
    Note: the Fixed Asset catalog is sorted by Fixed Asset type.  Departments should filter their search by asset type criteria
    wClick in Depreciation Structure field and choose from the drop down arrow u201CResponsibility center exception Land/CIP Asset Type N/Au201D
    xClick Accounting Link
    Note: The following are inferred from the F/A catalog: type, group and useful life; depreciation method
    w
    x
    v
    u
    Step 15 - From the Accounting Section   
    uClick Expand All Arrow
    Note that all of the Accounting information has been populated based on the FAPR table.  No additional information needs to be entered here.
    vClick Validate Action Button at the bottom of the Page u2013 check for errors
    wClick Submit Action Button at the bottom of the Page
    xClick Close Action Button at the bottom of the Page
    After Validate and Submit the information is updated in the Fixed Asset Registry Tables, where the current fixed asset information is stored.
    x
    w
    v
    u
    Rohit Agrawal

  • External Asset Acquisitions

    Dear
    FI/CO PROFESSIONALS
    In External Asset Acquisitions,  we  have Different methods to post purchase order  like  with  FI-AP/FI-MM  ,with integration ,with non intigraton 
    KINDLY EXPLAIN ME  whats these methods really? what is integration/non integration in this  scenario ,  in which criteria  we use these methods ?
    We use  Fi with vendor directly to save time  but iam confusing with other methods  plz
    explain me ...
    thanks regards
    raju

    Hi NagaRaju,
    An external asset acquisition is a business transaction resulting from the acquisition of an asset from a business partner (in contrast to an acquisition from in-house production). You can post the acquisition of a purchased asset in several different ways, using different components of the R/3 System:
    In Asset Accounting (FI-AA) in integration with Accounts Payable (FI-AP), but without reference to a purchase order:
    (ii)In Asset Accounting, without reference to a purchase order, without integration with Accounts Payable (posting to a clearing account - with or without clearing).
    (iii) In Materials Management (MM) at goods receipt or invoice receipt (refer to Processing Asset Acquisitions in Purchasing (FI-AA/MM) and Goods Receipt and Invoice Receipt with Reference to Asset).
    Process Flow:Integrated Asset Acquisition Posting
    If you are also using SAP R/3 Accounts Payable (FI-AP), it is recommended that you take advantage of this integration and post the asset acquisition (without reference to a purchase order) With vendor. This means that you can post the asset acquisition and the corresponding vendor payable in one transaction. Using this transaction reduces the time and energy required for data entry and the possibility of discrepancies.
    Non-Integrated Asset Acquisition Posting:You can post the acquisition of a purchased asset to a clearing account rather than using integrated posting to Accounts Payable. There are two scenarios:
    The asset acquisition comes before the receipt of the invoice. The offsetting entry is posted automatically. As the acquisition amount, specify the actual net amount to be capitalized. Regardless of the document type (gross/net) which you use, the system does not deduct a discount here.
    The asset acquisition is posted after the receipt of the invoice. You posted the invoice as an open item to a clearing account, and now you need to clear this entry. If the clearing account used is an open item account, when you post the acquisition, you can manually clear the posting to the clearing account (vendor invoice) at the same time (transfer with clearing). The corresponding transaction allows you to select all open items, per clearing account (account type S for General Ledger account) according to varying criteria.
    Cash Discount:When posting an asset acquisition integrated with Accounts Payable, your choice of document type determines whether you post gross (without cash discount deducted) or net (with cash discount deducted).
    When you use a document type for net posting, the system determines the cash discount deduction automatically by means of the specified terms of payment, and capitalizes the invoice amount on the fixed asset, minus sales tax and cash discount.
    During the payment run, differences may arise between the amount paid and the capitalization amount, because too little or too much cash discount was deducted. In this case, make adjustments to the APC using collective processing in the General Ledger (General Ledger->Periodic processing->Closing->Regroup-> Prof.segment adjstmt).
    When you post an asset acquisition without integration with Accounts Payable, you have to capitalize the actual APC amount (without cash discount being deducted) to the asset. In this case, the cash discount is treated only on the vendor side.
    Acquisition with Value Adjustments:You can post gross acquisitions, if you want to post assets that not only have APC, but also have value adjustments already. In order to use this option, set the gross acquisition indicator in the transaction type you use. The system then permits you to enter APC and accompanying value adjustments when you post the acquisition using the transaction under Postings ->Miscellaneous.
    Hope I had been able to help you. Pleaae assign points.
    Rgds
    Manish

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