Low Value Asset
Got a question on LVAs
we have separate asset class for LVA and maximum amount is specified. LVA asset class is mapped to the material group.
When this LVA asset is procured and the amount specified is met, then the asset is created in the LVA asset class and is capitlaized.
But when the material price has risen up, which does not meet the amount specification for LVA, then how the capitalization is to be handled in this particular scenario