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391212312.doc
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Job Role
Asset acquisitions
CHANGE HISTORY
Update the following table as necessary when this document is changed.
TOPIC OBJECTIVES
Scenario
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:
1. The asset acquisition comes before the receipt of the invoice. The offsetting
entry is posted automatically. (Specify the actual net amount to be capitalized
as the acquisition amount. Regardless of the document type (gross/net)
which you use, the system does not deduct a discount here.)
2. 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.
Prerequisites
Asset master record.
PROCEDURAL STEPS
LIV (MM)
GRN (Asset
P.O. creation (with
document created) Invoice Accounting
PR Creation acct assign
Dr Asset Receipt(LIV) document
category-A)
Cr GRIR Clg
AP
Accounting
document
Cr Asset
Vendor Credit
Dr Contra A/C
Memo
Acquisition Value
Perform the following steps of how to Acquisition with auto offsetting entry using the
information below:
Note: If an existing asset is used - the asset number is required in the existing
asset field. This could have been created initially.
Create Asset:
Note: Here you confirm the method of depreciation that will be used for monthly
depreciation calculation. .
Create Asset:
12. Click simulate Button to check that all entries and accounts are correct.