Showing results for 
Search instead for 
Did you mean: 

Asset Purchase Order

Former Member
0 Kudos

Hi Guys,

I have a doubt. If i create a PO with A/c Assignment category as ASSET, whether valuation will happen??Please explain me this scenario.

Also please let me know whether valuation will be there for other A/c assignment categories


Pallu Tillu

Accepted Solutions (0)

Answers (3)

Answers (3)

Former Member
0 Kudos

thanks guys

Active Contributor
0 Kudos


Check this link, you will get the flow chart of the process flow of asset cycle.

In Brief -


Use Transaction, AS01 - Create Asset Master (Take help of FI Person here)

1. ME21N - Create PO (Use Account Assignment Category as "A" - Asset)

Under "Account Assignment" Tab, enter Asset Master, Asset GL Account will get determined from the Asset Account Determination (Not from OBYC)

2. MIGO - GR for PO

Here Accounting Entry will be

(Asset Account Determination) Asset GL Account - Dr

(OBYC - WRX) GR/IR Clearing A/c - Cr

3. MIRO - LIV against PO

Vendor A/c - Cr

GR/IR Clearing A/c - Dr

Thanks & Regards,


Active Contributor
0 Kudos


Valuation will not happen for Account assignment category 'A'.

As Capital goods are posted to separate Asset accounts that why we need to create Capital goods PO as account assigned PO with "A" as account category category.

At the time of MIRO for account assignment category 'A'

the entries falling will be

Credit : Vendor acct

Debit : Asset acct.