Physical verification of Assets

Hi,
What is the configuration settings required for physical verification of Assets as similar to inventory? Please also detail about the application of this business process in SAP.
Cheers!

In the first tab on the asset you have some fields for it. (when these are not hidden.
There is even a field with last inventory date.
There is a report with a SAP script that makes it possible to print barcode's for on you asset!
Dependend on the number of assets you can found the perferct solution.
When you look on SAP note's there are partners that have software what you can use in combination with Barcodes and SAP.
An other option is to read the barcode's and upload that file with an LSMW in to the assets (this is the most simple solution that you can implement in some days)

Similar Messages

Getting physical verification invetory list

hi all
will somebody suggest me the best TCODE for taking list of stock (including sale order stock) for physical verification in warehouse system. presently we are taking list from MC.9. here we take A,B & C class of material for each warehouse.
Regards
Prasun Jain

Hi,
Try this.
Step 1A
MI31
Step 1B
MIO1
Step 2 - MI21
Step3A - MI04 Step3B - MI05
Step 4- MI20
Step 5 MI07
Also,
try with special stock "E" in
i) MI31 - Selected data for physical inventory (here try with special stock "E")
ii) MI24 - physical inventory list (post inventory account in that)
Regards,
Rahul.

Physical Verification Excess entry at the closing of annual Accounts

Dear Experts,
At the financial year end we do physical verification of Finished Goods. In case of shortage of finished goods we scrap the stock. What should we do in case there is a physical verification excess.
Please advise with the T Code.
Regards,
Alok

MI01 - Physical Inventory Document Create
MI04 - Enter Inventory Count
MI07 - Post Inventory Difference
Any excess in physical stock will be recorded:
Stock A/c Dr
To Stock Difference A/c
Any shortage in physical stock will be recorded:
Stock Difference A/c Dr
To Stock A/c
Regards,
Ravi

Physical check of asset to see PO number

Dear experts,
Can we generate a report in SAP to trace from Fixed asset to the PO number for physical check?
Many Thanks,
Felix Ang

yes Felix,
look table EKKN
A.

Physical year reopen asset accounting

Hi freinds
physcial year closed on 31/03/2008, now client found errors in assets accounting, client wants to reopen the physical year. 2oo8 is it possible? if reopen the physical year what are consequnce can happen? they want to reverse entry t-code FBRS and FB08. what is transcation code reopen closed physical year reopen. .
kindly explain to me processing and steps
regards

hi Eli
please give me detail steps what i suppose to be do first, dont feel bad about my request. client going now crazy
As per your email please let me know what is the purpose of t-code ABAC its not valid one
what exactly function do t-code OAAQ
what exactly function do t-code OAAR
kindly explain to me and the steps also.
Thanking you
Bobby

Physical verification for bulk quantities.

Dear pandits,
I am in the process of doing physical inventory thro
MI01, MI04 and MI07.
I have aruond 300-350 items to be done.
Is there a method to simply or a mass maintenance T code for the same.
Kindly help,
thanks in advance
v balajee

Dear pal,
thanks
quote
If you want do an annual inventory, then use transaction MI31 to create physical inventory documeents.
Print them with MI21, enter the count with MI04, post the difference in MI07.
unquote
My understanding is that after MI31, I am still to proceed with MI04 and MI07 .
the process is not ending with MI31, however, the material doc. is getting generated
thanks once again
v balajee

Physical audit - Asset

hai,
Is it possible to do physical verfication of Assets and update in SAP.(like Inventory)
Can we fix the authorisation for sale of asset.
govind.

Hi,
- it is possible
- please check SAP Note 172251 - Physical inventory and inventory systems
Rgds.

Asset Report by Location wise with address & other details

Hi,
Can any one guide me any reports are available for Asset Report by location wise, address and
other details.
Thanks in advance.
Regards,
GB

Hi Govind,
I have solution for your requirement.
Go to Tcode OAVI
Create new entries.
Difine a name for the sort version and enter description for the same.
Choose fields for display in standard SAP asset reports.
For your case enter table name ANLAV field names MENGE, STORT, and KOSTL. etc
Here you can choose various other fields also.
Then use this sort version while runnnig the SAP standard asset reports.
By using this sort version you can able to to see the quantity, location and cost center fields available during any any asset balances report. So take a printout of the asset balances report S_ALR_87011964 - Asset Balances by Asset Class along with the above fields and go for physical verification
Note: This development you can directly do it in your production system
This will defenetely fix your requirement.
Add Point*s, if problem resolved.
Thanks,
Srinu

How to delete an asset with a capitalization date inefaceable and no value?

Hi all,
An asset was created on the wrong asset class. I would like to erase it but this is impossible because of the capitalization date.
Indeed, I cannot change the fields status variant of the capitalization date, it is compulsory.
Furthermore, as this asset was an error, there are no values on it.
I tried to enter a deactivation date, but this is not possible because of no acquisition performed.
Therefore, I would like to know if it is possible to erase an asset even if a capitalization date has been entered in the master data?
If it is possible, how can I do?
Thanks for help

Hi,
This is the drawback in asset master, when you make cap date as mandatory for AS01 transaction.
As a standard practice, cap date gets updated automatically when posting MIGO / F-90 only along with the qty.
In your case, first ask your ABAP member to delete the values from cap date field from table ANLA. (Field Name: AKTIV) for your questioned asset.
Then you can delete that asset with AS06 by choosing Physically delete the asset.
This will resolve your issue.
But if you make your field status as optional to cap date, then you must not got these kind of issues in the future.
Regards,
Srinu

Include asset in inventory list - asset master record

Hi
What is the importance of "include asset in inventory list" in asset master record.
Thanks in advance
prasad

Hi Hariprasad,
In industries it is a practice to physically count the assets and keep a record of it as a part of maintenance and it is also a statutory requirement in certain countries. In order to count the assets and cross check with the assets recorded in the system, SAP provides a report for listing the assets. The list is based on plant and cost center. In a real-life situation practice, you would then distribute this list to the persons who are conducting the actual physical inventory.
The path for this report is as follows:
On the Application Tree Report Selection Assets Management screen, select the following in the report tree: Asset portfolio --> Inventory lists -->Inventory list
Only if the Include asset in inventory list in the asset master record is ticked you can get the output as a part of this list. So if you want to count and verify this asset physically check this box.

G/L roll forward and Asset Roll forward

HI
Can some body explain me a G/L roll forward and Asset Roll forward I am new this topic is there roll forwards please explain me in detail in which situation we are using this roll forward.
Thanks In advance,
Regards,
Lakshmi narayana

Hi,
Please refer to the following activities for 2007 Year End Closing. This document will consist of steps for Verification and Processing Activities for R/3 system activities.
The areas of SAP which will be affected are:
General Ledger
Accounts Payable
Asset
CO
Verification Steps:
Assets:
1.     Check all incomplete Assets in the system for 2007
2.     Settle all AUCs
3.     Do all system adjustments for Assets
4.     Make sure all Depreciation is posted
FI:
1.     Make sure all payment runs are complete
2.     Open new period for new year
3.     Do all GL/AP Adjustments
4.     Post all Park documents
Process Steps:
Asset:
1.     ABST2; Reconciliation Program. List of differences between FI-AA/GL
2.     AFRW; Asset Fiscal Year
3.     AJRW; Asset Fiscal Year Change. This closes the FY
AP/AR:
1.     F.07: Customer/Vendor Balance Carry forward
GL:
1.     FAGLGVTR or F.16: GL balance Carry Forward
2.     OB52: Close all periods for 2007. Will only open period 1-1, 2008
CO:
1.     OKP1; Lock Actual & Plan
2.     2KES
Hope this helps,please assign points.
Thanks,
Rau

Bar Code in Assets

Hi experts,
Has anyone used the bar code functionality in Fixed Assets?
I don't have any documentation on it but it would be very helpful in order to print labels for our assets.
Any help would be appreciated.
Thanks a lot,
Drazen

Hi,
Please refer to SAP note Note 172251 - Physical inventory and inventory systems, extract of which is below:-
I have got in touch with the vendor as well who support this process and i can forward you the extract tomorrow.
Summary
Symptom
How can executing a physical stock entry be supported by the R/3 system within a physical inventory for assets?
Additional key words
Cause and prerequisites
Solution
In Release 4.5A, standardized interfaces (BAPIs) are available which permit a connection of a corresponding non-SAP software to the R/3 system. You can use these BAPIs for example if the physical inventory for assets should be executed with the help of an external system. The BAPIs allow the transfer of the current asset portfolio of the R/3 System to the non-SAP software and permit processing of information collected in the external system in Asset Accounting of the R/3 System.
The following BAPIs may be of interest to you in the context of a physical inventory for assets:
BAPI_FIXEDASSET_GETLIST
(Information on selected assets)
BAPI_FIXEDASSET_CHANGE
(Asset master records can be changed with this method)
BAPI_ASSET_RETIREMENT_POST
(An asset retirement is posted within Asset Accounting with the help of the method "Post", and the update in Financial Accounting is triggered by the document resulting from this transaction.)
BAPI_ASSET_ACQUISITION_POST
(An acquisition is posted within Asset Accounting with the help of the method "Post", and the update in Financial Accounting is triggered by the document resulting from this transaction.)
BAPI_ASSET_POSTCAP_POST
(A post capitalization is posted within Asset Accounting with the help of the method "Post", and the update in Financial Accounting is triggered by the document resulting from this transaction.)
The procedure of an integrated inventory scenario could be as follows:
1. First the external system receives an overview of the assets available in the R/3 system (BAPI_FIXEDASSET_GETLIST).
The physical inventory is then executed in the external system.
2. If the asset found is identical with how it is stored in the R/3 system, you can use the BAPI BAPI_FIXEDASSET_CHANGE to update the date of physical inventory in the asset master record.
3. If the asset found differs from how it is stored in the R/3 system, you can use the BAPI BAPI_FIXEDASSET_CHANGE to make the change in the asset master record.
4. If the asset is no longer found during physical inventory, you can post the retirement with the BAPI BAPI_ASSET_RETIREMENT_POST.
5. If assets are found during physical inventory which are not stored in the R/3 system, you can create the asset master record with the BAPI BAPI_FIXEDASSET_CREATE1 and post the asset acquisition with the BAPI BAPI_ASSET_ACQUISITION_POST.
Report RABARC01 offers you the option to print bar codes which can be used to identify the asset during the physical inventory for assets with the help of an external system.
Suppliers of asset inventory software:
Freudenberg Informatik KG
Mobile Systeme
Hoehnerweg 2-4
D-69465 Weinheim
Germany
http://www.freudenberg-it.de
mailto:[email protected]
detzner systemtechnik gmbh
Dornbluthstrasse 31
01277 Dresden
Tel.: 0351-3170616
Fax: 0351-3170615
e-mail: [email protected]
homepage:http:// www.detzner.de
Source code corrections
Header Data
Release Status: Released for Customer
Released on: 11.09.2001 22:00:00
Priority: Recommendations/additional info
Category: Consulting
Primary Component: FI-AA Asset Accounting
Releases
Software
Component Release From
Release To
Release And
subsequent
SAP_APPL 45 45A 45B
SAP_APPL 46 46A 46B
SAP_APPL 46C 46C 46C
SAP_APPL 470 470 470
Rgds.

Asset Procurement & Asset Goods Movement

Dear Experts,
Please Explain the Asset Procurement Scenario in details.
1] Asset Material type - whether it should be copied from Raw Material type or Directly Raw Material type
                                   can be used and what about quantity and value update check box
2] Purchase Order - PO creation with account assignment category A and the Asset number of the asset
                             material.
3] Goods Receipt - GR for Asset Purchase Order. Asset material will be posted directly to Consumption?
                            whether Accounting document will be posted? How the inventory of Asset material will
                            be managed?
4] Goods Issue - How to manage goods issue or withdrawal of Asset material? after goods receipt
5] Invoice verification for Asset Purchase Order?
Thanks in Advance

Hi,
1)   Asset Material type: You can use the non-valuated material type or normal valuated material type (subject to how you are going to manage your stock as per your inventory management strategy).
2)   Purchase Order: The PO shall be raised with the "A" Account Assignment Category where the Asset No, Internal Order number shall be entered.
3)   Goods Receipt - Upon GR posting, subject to how your material type is defined, it can either increase your stock quantity (in case of non-valuated material type) or for direct consumption. This GR posting will generate the accounting document in background automatically.
4)   Goods Issue - It is very much again subject to how your material type is defined. If it is set as non-valuated material type, then you can make further goods issue after GR. Otherwise, no goods issue is required as the items are to be consumed directly upon GR posting.
5)   Invoice receipt - The LIV process will be used in this particular case.
Cheers,
HT

What is the purpose Creating of new Asset code when Trf 1 Bus area to other

Dear Expert,
As per our Asset verification, some assets should be transferd to one business area to other. But at the time it doing new asset cosde has to be created.
Can someone explain me why new asset code rather than just same code transfer.
Thanking you well in advance.
Nalaka

When you create an new asset it using the BA from the cost centre assigned to the asset. When the BA is wrong or have to be chaned then you have to do a tranfere to the correct cost centre / BA

Capitalizing an Asset

Dear All:
In an asset management acticity we did physical reconciliation of assets with the assets present in system. We found around 35 Machines that have not been capitalized at yet. We have Initial FI Upload Account and we can upload value through F-02 as well but i want ao ask is there any transaction code in Asset Accounting to capiltalize these all assets with the values provided. I explored asset menue but could not find any. Please guide if there is any transaction code available to capitalize assets in Asset Accounting. I have already created asset master data.
Regards

Hi
This is done through AS91.. But, when did you Go -LIve? What was your Asset take over date? and What is the last month for which depreciation is posted?
Answer to your questions would depend on these
Regards
Ajay M

Physical verification of Assets

Similar Messages

Maybe you are looking for