Assign Production Order To Asset

Hi
Please Advice
I have a scenario where in I need to asssign the Producten Order Created for material to Asset for accounting point of view in the sense that all the expenses done for that Production order is transfered to that particular assigned asset.
We have the option of assigning the Asset to the Purcahse Order in case we procure the same material. So it is possible in the case if the same material is produced inhouse.
Regards
Rahul Bhardwaj

Thanks For the reply
Tell me few things,
1) Are you producing this material in house or some time purchase from out side also?
Ans 1: Yes the die is produced inhouse or sometimes we procure it from outside.
2)whether you want existing produce die to available in inventory or you want to have it as Asset only?
Ans 2:  See they want the dies to be available for the inventory. But either they can have inventory for that or can define as asset so still the decision is pending.And I have checked in case of asset that when you create a Pur.Order of asset and do migo and than miro than the quantity of asset is updated along with its cost. I think they will go for asset as they can post the depriciation value for that.
3) Are you talking about Die Amortization cost?
Ans 3 : No sir amortization is not involved.  Actually what happens is that when I produce the die inhouse i receive the quantity produced and the value for the die is updated in the material G/L account. Now when i go like this i cannot do the depriciation. So even here in case of inhouse produced die  I have to create an asset for that , but the probem is that they  want system to propose the  value of that asset i.e. inhouse produced cost which includes (the raw material cost + Activity cost + Overheads) , every time they produce it inhouse. so they want this cost to be transfered to the asset they create.
Hope sir I am able to answer you questions, but still in case any further clearance is requiered , please do write in.

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