Wip Asset sending to jobwork.
Dear All,
My Client Requirement is like this.
We Purcahse Asset under Asset under construction ,Before Capitalising(settlement) this Asset they want to send job work Proccess and update 54F Challan after receiving this asset they want to capitalise.this asset ,For this requirement how to fulfill .Pls Guide me how to do this.
Thanks in Advance
Regards
Girish.
hi
try with subcontracting process by sending the material outside and after the job work receiving the mateirals
Similar Messages
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Hello all,
I have query about Asset - WIP. I created one WIP asset in year 2006 and now I want to reverse the WIP asset due to the deal is cancelled. I yet not capitalised it.
what is the steps.
its urgent, Please.
Thanksuse MIGO ,
select return delivery . select material documnt and enter material document
select movement type and post the document
to issue sub contractor
go to MB1B, select movement type: 541
enter other details and post the document. -
WIP assets has wrong Cost Centers/Profit Centers
Hi Experts,
There are several WIP (AuC) assets created after releasing the WBS Elements.
Ideally the WIP assets should have the Cost Center/Profit Center similar to the ones in the WBS Elements.
However the assets have different CC/PC than the WBS Elements.
We cannot change the Cost centers in asset master manually as there are postings done and depreciation ran on these assets.
Please suggest if we need to change the Cost Centers in all the assets or is there any other solution to this issue??
Thanks in advanceHello Experts,
Please share your suggestions on the above issue...
Thanks.. -
Asset Number of final asset based on WIP Asset
Dear All
I have created the asset under construction and the final asset with all the proceedings done.
Now i want to know the asset number of final asset ( capitalised) on based on WIP asset . how will i get
the same .
Thanks
VGDear,
Viral.
According to you please try to follow this report I hope this will help to achieve your requirement.
Report is S_ALR_87012054. or simply double click on last line item of your Auc asset in AW01N it will take you to new asset details.
If you need any help please revert. You are welcome.
Regards,
Pankaj A Bhalerao.
Edited by: Pankaj Bhalerao on Apr 22, 2010 7:34 AM -
Raw material consumed against wip asset
Dear All,
How to be mapped scenario - Raw material (cement) consumed against Construction work (WIP Asset).
Regards,
RanjeetThanks,
Now, problem solved.
Use Movement type 201 cost center issue and entry WIP Gl account manually in MB1A transaction and pass the excise JV through J1IH.
Regards,
Ranjeet -
Hi Experts!
My core team said me to create two asset class CWIP BG & CWIP P&M
1.First - In SPRO , I just wanted to know which status of Auc will be used - No Auc or summary mgt of Auc/Line item settlement/ Investment Measure.
2.Second - In assignment with GL for balance sheet and Depreciation what are the fields is needed to assign or GL to be assigned.
Please dont give me any path and try give the solution urgently
AbhisekHi
1. In CWIP for creation of asset class you will give Line item settlement.You must not select "include asset" check box.
2. In Balance sheet accounts you will assign G/L Accounts for
Acquisition & Production cost
Loss made on Asset retirement w/o revenue
Clearing account revenue from asset class
gain from asset sale
loss from asset sale.
There wont be depreciation for CWIP.
Regards
Venkat -
i m working on asset report development ,and i m stuck on one point,any body plz tell me teh relation between asset accounting with internal order ,purchase order and GRR no.
Hi,
typical process would be an
internal order
purchase order (with IO assignment)
place order
receive goods (GRIR)
create AUC (WIP assets)
settle IO to AUC (KO88 or KO8G)
complete AUC purchase
settle AUC to Asset (AIBU/AIAB)
post depreciation
Rgds. -
Depreciation Expense For Related Project Assets
Dear All,
I have a question, Please help.
How can I post depreciation expense from Oracle Asset to Oracle Project Costing for assets that working and assigned to Projects like equipments and Cars that assigned to project..... and we want to post their deprecation expense as burden in oracle project costing ????
++Please find the below my search conclusion in past few days.++
1- Oracle Say that "There is currently no interface between Oracle Assets and Oracle Projects which allows you to post depreciation expenses directly to projects."
2- I have non-complete idea: I have a project Segment in AFF so I can Post depreciation expense for related project assets to GL directly, with Project segment value and create Expenditure Batch in Oracle costing to manually enter depreciation expense as lump-sum in Oracle costing but it is not preferred to create Entries in Subledger Accounting and not send it to GL so my question in this work-around, Can I Create Expenditure Batch and only create Distributions 'PRC: Distribute Labor Costs' ???
And don't create rest steps "PRC: Generate Cost Accounting Events,PRC: Create Accounting, PRC: Transfer Journal Entries to GL"
Please suggest best solution or help me in my work-around, its urgent
Thanks in Advance
I OroukKindly find the below case as example ---
There are 5 equipment like trucks and cars that working in project X100 so I want to show depreciation expense for the mentioned assets as Burden on the X100 Project in Oracle Project Costing Module..
Please Consider the below focal points:
1- Regarding Oracle Assets business Cycles. Oracle Assets send depreciation expense to GL directly and there is no any impact in Oracle Project Costing about Depreciation expense(for Project related assets )
2- Project X100
Project Cost = 10000 $
Depreciation Expense for the 5 equipment (Project related assets) = 1000 $
Real Project cost = Project Cost 10000 + Depreciation Expense for the 5 equipment 1000 = 11000 $
I want to show Real Project cost in Costing Module so I have to record Assets Depreciation Expense for the Project related assets in Oracle Project Costing .... Can you help me about what the best way to record Assets Depreciation Expense for the Project related assets in Oracle Project Costing and please review my suggestion about expenditure batch in 1st post
Thanks in Advance
Iorouk
Edited by: user12255659 on Jan 23, 2012 12:56 PM -
Asset issuance against material in MB1A..
Hi:
We have decided to witch our old procedure of capitalizing asset through MIGO. Our AS IS and TO BE processed are
AS-IS Process:
PR--Account assignment category A
PO...For asset procured
MIGO ...capitalizing the asset
TO-BE process:
Open Asset material and its material PR
PO and its MIGO
later issue asset against material in MB1A with movement type 241..My concerns here are that asset materials are opened with indicator V and amount with which asset is capitalized is not the one with which PO was made and MIGO was done for asset material , instead it is MAP of material which system takes while issuing asset against material...We can not open asset material with S indicator since most of out IT based asset's price fluctuates period to period.
Please comment .
Regards
Edited by: Atif Farooq on Oct 27, 2011 12:16 PMyou can try the internal order route
create internal order
procure the materials against the internal order ( PO acct assign,ment F and internal order mandatory)
settle the order against a WIP ( work in progress) asset
create assets by settling the WIP asset against the required assets
MAP issues doesnt bother asset value anymore -
Dear Sir,
We are doing Job Work to Customers, in this case Customer is sending their material for job work, we undertake job work and finish whatever they asked and send the material back to them along with the scrap.
How do we map this scenario in SAP
ur explanation is for within two plants of a company
how do we extend to customer
Kindly explain
Thanks in advanceHi Sriram,
We have exactly the same requirement as yours for Job Work.
We receive major Raw material from our customer and then this Raw material is converted to finished goods. However we use some of our mateial which are used for this conversion process.
We also produce our own finished goods alongwith we want to produce the same FG for as Jobwork as we have unutilised production capacity. Currently we use receipie for processing Production order by which the raw materials automatically get consumed.
Here we need to send the Jobwork FG to again the customer and only Charge Service Charges for this conversion.
Hope by this time you would have configured this Jobwork process.
Please can you share the detailed whole configuartion with me, it would be of very great help.
With Regards,
R.Sundaresan -
Balance sheet planning in EC-PCA - Profit center accounting
Does anybody has experience in planning balance sheet positions in EC-PCA ?
We create balance sheets by Business Unit in profit center accounting for inventory, WIP, assets and AR/AP.
Now it is the goal to use this data for the planning.
I only found a function for inventory. Does anybody know if it is generally possible to do this for all the mentioned balance sheet positions and what is the best way to go for it ?
Thanks and regards, SebastianHave you tried 7KEV transaction?
-
Import process in cin for complite process
sir
can some one explain me total process in journal entries (from po to utliz) in capital import process.
when i am posting excise in j1iex_p it is crediting below gl acc i could nt understand actual process ,when i am doing miro all expencess is posting in debit wip asset posting key 70
Unapplied customs-CVDHi:
It seems that you have not capture the excise invoice at the time of GR posting and you have directly posted the excise invoice.Plz capture excise invoice first and then try.
Cheers
Rahul -
Hi all! I'm experimenting the usage of extended accounting mechanism at task level. Somebody of you could you tell me the meaning of the following fields? I've just found a list in the documentation without explanation. The fields are:
EXD_TASK_MESSAGES_SND
EXD_TASK_MESSAGES_RCV
EXD_TASK_BLOCKS_IN
EXD_TASK_BLOCKS_OUT
EXD_TASK_CHARS_RDWR (disk transferred bytes?)
EXD_TASK_CONTEXT_VOL
EXD_TASK_CONTEXT_INV
EXD_TASK_SIGNALS
EXD_TASK_SWAPS
EXD_TASK_SYSCALLS
EXD_TASK_ANCTASKID
Thanks!Hi,
typical process would be an
internal order
purchase order (with IO assignment)
place order
receive goods (GRIR)
create AUC (WIP assets)
settle IO to AUC (KO88 or KO8G)
complete AUC purchase
settle AUC to Asset (AIBU/AIAB)
post depreciation
Rgds. -
Hi
could anyone send me the <b>user manuals or user test script</b> on AR, AP, GL and Asset.
send it to----
[email protected]
thankshi,
i am sending u document on ur mail.pl asign points
kuldeep -
Hello
The Jobwork Process is Handled by Production and Inventory Transfer Documemt.
1. Purchase Raw Material From Supplier and receive it to your Premises
2 .inventory Transfer it to Jobwork warehouse like send for Jobwork and Print the Form 57F4Challan applicable for Jobwork.
3. Create Production order for the material which will come to our warehouse as Finished from Jobwork.
but then how i know that the semi finish good i recived is against which inventory transfer ie which 57 A4
my client required that when he recived SF goods he will know that the material is against which Inventory transfer or 57a4
thanksHi Jaykumar.......
You purchase material, Send it to the jobwork with the Jobwork Challan Form 57F4 till this it is all Ok.
But when at the time of receipt the SFG from Jobworker he sends the processed material with the subsidiary challan where your Form 54F4 No. is mentioned so at the time of Receipt from Production or Inventory transfer to your premises in Ref No.field you can give this 57F4 challan No.
Hope this clears you ........
Regards,
Rahul
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