Asset purchase through purchase order

[Former Member]

hi all,

could anyone tell me what is the exact procedure of asset purchase right from purchase order in MM.I know bit about that but i need to know in brief.

Thanks in advance.

[Former Member]

Hi Please follow below procedure

1)Create Asset Master Record

2)Create Purchase Order with account assignment to the asset T.Code:ME21n

3)Goods receipt/Asset Receipt T.Code:MIGO

4)Invoice Receipt T.Code:MIRO

When you post invoice receipt system automatically capitalize the asset

It it is useful please reward points

Thanks and Regards

Chiru

[Former Member]

Hi

In PO we have to choose account assingment "A" and give the asset no which is to be capitalized.

Thanks

Colin thomas