Procuring fixed Assets

Hy
How do you define fixed assets in inventory and what special attributes must be checked for it.How do we procure and recive in inventory please provisde details regarding this

Hi,
what could be the join b/w fixed asset and order management.
Thanks in advance!!!
Ramya

Similar Messages

Purchase of Fixed Asset through Cash Journal

Please let me know whether it is possible to purchase a Fixed Asset through Cash Journal without the Internal Order route?

Hi,
You can not procure Asset directly from Cash Journal. Also it is not the Best Practice to procure asset from Cash.
Still if you want to procure an asset from Cash Journal, there is a workaround available. You have to route the transaction via Clearing Account (Balance sheet A/c). The Business Transaction in the Cash Journal will be mapped to a Clearing account specifically created for Asset Procurement. The entry which will be passed is
Asset Clearing Account Dr.
Cash A/c Cr.
Then you will have to pass a entry for taking this amount from the Asset Clearing account to the Asset. The entry will be
Asset A/c Dr.
Asset Clearing Account Cr.
You have to activate the Open Item Management for the Asset Clearing Account.
Regards,
Amit

Is Fixed assets integrated to MM,AP,IM

Hi Friends,
The Fixed Assets system shall be integrated to the General Ledger, Procurement, and
Accounts Payable, Inventory, Financial Budgeting & Treasury Management within a
common database.
Reply plz.
Regards,
Ramakrishna

The Fixed Assets system shall be integrated to the General Ledger, Procurement, and
Accounts Payable, Inventory, Financial Budgeting & Treasury Management within a
common database
Hi,
I don't get your query exactly, but
All Fixed assets be procured by manually / through Purchase Order in which connected to A./c payable to vendor.
If procurment happend, they can available in Inventory.
When there is no suffiecient Budget , They stopped the procurement for Assets.
I don't have idea about Treasury Manamgent.
Regards
Rahim

Add_on Fixed Assets

Hello, when acquiring a new asset, using the menu item on Procurement (Finance -> Fixed Assets -> Procurement), if the purchase of the property is not the first day of the year a negative amortization and therefore the net book value of good records it incorrectly. Please someone knows how to acquire an asset to avoid this error.
Thanks.
Carlos Luis Zea

Hello Carlos Luis Zea,
You may check this thread first:
Re: How to Implement Fix Asset ?
Thanks,
Gordon

Import Fixed Asset by excel

Hi Every one,
     I am importing FA in SAP B1 PL 09 but failed, with system message log " Its active depreciation areas must be the same as those defined in the corresponding asset class. I checked depreciation areas and asset class, They corresponded to each other.
     Please help me to find way to solve this error.
Thanks & Best Regards
     Loan Tran

check below..
Fixed Asset SAP Business One 9.0 Configuration

Importing the (active) Fix Asset with ◦Accumulated ordinary depreciation to Sap Business One 9

Hi all,
I'm trying to upload the Active Fix Asset to the SBO (no new).
for example:
item:                          FixAsset
Useful life :                48 (month)
Remaining Life:        12 (month)
APC(Historical cost): 10000
Accumulated Ordinary Depr.: 7500
So Value Balance: 1500
and Life Balance :     12 month
I have tried to Import active ITEM by Excel ,follow this link : Importing Fixed Asset Master Data from Microsoft Excel - SAP Business One 9.0 - SAP Library
every time recieve the message :
Cannot import asset "fixasset"; a new asset's useful life and remaining life must be the same in depreciation area "AFA"

Hi,
Please check SAP note:
2001876 - The system does not consider the Salvage Value nor the
Remaining Book Value when you import assets
Thanks & Regards,
Nagarajan

Fixed Asset Data Migration Wizard

Hi All,
I tried to use Fixed Asset Data Migration Wizard to migration my fixed asset data from 8.82 to 9 in the development server. The server only accessible by myself.
When I start the migration run, system prompt me " To Continue with the fixed asset data migration, you must be the only user logged on to this company data".
In fact I'm the only user in the company data and system not allow me to execute the migration.
What are the causes that system recognise there is another user in the system?
Please advise.
Thanks in advance.
Best Regards,
Foong Yee

Hi,
If you're using SQL Server, try Detach (close existing connections) and re-Attach the database again then re-login and try executing again the wizard.
Regards,
Donald

Fixed Asset and Depreciation method in SAP B1 2005B

Hi All,
I want to know what is the method by which we can do depreciation for fixed asset in SAP Business One 2005B.
Looking for a postive response from all.
Regards,
Kawish

Hi Kawish,
The system supports the following forms of depreciation:
u2022Ordinary Depreciation
u2022Unplanned Depreciation
u2022Special Depreciation
And for the depreciation methods:
Straight-line
Immediate writeoff
multilevel method
declining-balance method
special depreciation
You can get more helpful documentations through partner portal:
Solutions-> SAP Business One-> Solution Overview-> Documentation
Resource Center-> SAP Business ONe Add-ons 2005-> Fixed Assets
Regards,
Candice Ren
SAP Business One Forums Team

Fixed Asset Additions Report

Hello,
Is there a way to run a fixed asset addition report in SAP and then export it into excel? I have run S_ALR_87012058, however, there is no way to export this into excel. Can anyone help please?
Thank you,
Lesley-Anne

Hi,
you can export the result of report S_ALR_87012058 and save it into excel file.
please follow the path below.
Regards,
otep

Fixed Asset conversion :Transaction AS100

Hi guys,
Have any one used AS100 for fixed asset conversion. Is this option better than LSMW. How the excel file is sorted to special format.
Thanks.
Saeed

Cons of using AS100: -This method is suited for transferring small datasets, such as a few hundred fixed assets. The system can process a maximum of 5000 rows.
SAP recomments to use Standard excel format.
Link of SAP help, which gives excel format, etc.http://help.sap.com/saphelp_erp2004/helpdata/EN/70/93a417ecf411d296400000e82debf7/frameset.htm
Regards
Sridevi

Fixed Asset Uploading Error

I am getting following Error, while uploading Fixed Asset Template. Please Advice
http://www.megaupload.com/?d=Y35WGNOD
Edited by: Faisal Baloch on Nov 3, 2010 7:22 AM

Hi Faisal......
This might be the programming issue. Please ask your technical consultant to check the codes.
Regards,
Rhaul

Fixed Asset calculates extra period for Depreciation

Hi All,
I have imported the Fixed Asset for 2007B for the Year 2010. while checking the import, i notice that the system calculates an additional period for depreciation.
Here is my scenario :
a. Asset Cost = 15,863.12 (purchased on 31-May-2007).
b. Useful Life = 36
c. Remaining Life = 4
The above are displayed according to import file.
At the Depreciation Tab, there are 5 rows of planned depreciation calculated. Period 01 to Period 05.
How can the system calculates 5 periods when there is only 4 remaining periods for the asset?
This happens to all the assets being imported.
Please advise.
Jessie

Further information.
The Net Book value = 1762.94
with Accumulated Depreciation = 14100.18.
So the remaining 4 periods should be calculated as = 440.735 (per month for 4 months).
but it is displayed as 352.59 per month for 5 months.
The Fixed Asset is setup as Monthly Basis.
Using Straight Line Mehtod = Net Book Value / remaining life.

Fixed Asset Auditing

Dear All,
Any one kindly help me out for doing configuration for Fexed Asset Auditing.
I don't know how to do the step by step configuration for Fixed Asset Auditing and view the Asset Audit report.
Kindly help me.
Thanks & Regards,
S. Umamageshwaran

Be advised that Fixed assets in SP02 only currently supports databases with a calander fiscal period i.e. starting 01 January.
Regards
Glen

Fixed Asset Book Report

When running the Fixed Asset Book report, the system shows every instance of an asset number. By that I mean that when and asset has changed locations the asset shows in the report in both locations with a value of zero in one location. This makes using this report for NBV reconciliations to the GL very difficult as I need to find ways of tracking and eliminating the duplicates before I can even begin.
Is there a way to get the report to provide the data only in the current locations or is there a differant report I can use that provides a NBV at a period end broken out by cost and accumulated depreciation.
Any assistance would be appreciated.

Please see (FAQ: RXi Reports (JGRX/RXJG, FARX/RXFA, APRX/RXAP, ARRX/RXAR) [ID 430075.1]) -- How To Find The Source Code Of An RXi Report ?
Thanks,
Hussein

Fixed Asset Auditing Configuration

Dear All,
I need a help for doing Fixed Asset Audit Configuration.
Any one kindly give me a guide line for how to do the step by step configuration for Fixed Asset Auditing and view the audit report
Thanks & Regards,
S. Umamageshwaran

Steve,
please see my response below.
Cost
1440
Dep. Per yr
120
Dep. Per month
10
Year
Cost
Dep
NBV
1
1440
-20
1420
2
-120
1300
3
-120
1180
4
-120
1060
5
-120
940
6
-120
820
7
-120
700
8
-120
580
9
-120
460
10
-120
340
11
-120
220
12
-120
100
13
-100
Legacy data
Assuming that you will load everything on 1/1/Y4
Cummulative acq
Accum dep
1440
-260
Assuming that you will load everything on 5/1/Y4 << so I assume you will load it on period 5
Cummulative acq
Accum dep
1440
-300
Accum dep in legacy will depend on when will you load the data. Take over date on this case is 4/30/Y4.
Thanks!
Jhero

Procuring fixed Assets

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