Asset material code

[Former Member]

Dear Expert

in our system presently we open asset code through as01 and in the PO we select the account assignment category A but now we want to create material code for the asset PO i.e with account assignment category A and material code how it effect the accounting procedure as we will be having 2 master material code and asset code . Is it hit the accounting of the company ??

Regards

[Former Member]

Hi,

Take the help of Raw material reference & create a new material type starting with Z Example ZAST. Then create a valuation class. Then assign respective GL accounts to that valuation class

Regads

Pandari

[Former Member]

Dear

I have created material type by copying raw material material type after that create the material code for this material type.

In purchase order i have choose the account assignment category A and enter material code which is created for material type of asset and enter asset code also in this way i have create purchase order , and then i have done the migo i.e goods reciept against the purchase order but when i check the stock of the material it is showing 0 , i have tick the quantity update and value update tick in the material type but the stock in 0 in the material so why the system is behaving in this fashion .

Regards