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FIXED ASSETS

Former Member
0 Kudos

Hello,

Fixed assets

have to maintain whether an Inventory item or Non Inventory Item, Can any one clear me.

Regards,

Pushpa

Accepted Solutions (1)

Accepted Solutions (1)

former_member186095
Active Contributor
0 Kudos

Hi,

The FA is non inventory item.

But the FA asset class can be set as either inventory item, purchase, sales order or fixed asset.

After creating the FA asset class, the item master will be created by system. The item master data is as same as the item class.

JimM

Former Member
0 Kudos

Hi,

that means when i'm creating fixed asset item in item master data, inventory item check box is no need to check, Is that correct.

Regards,

Pushpa

Former Member
0 Kudos

HI

Its depends on your requirement.

In some cases,you need to maintain Fixed Asset as Inventory,but it should not be cheked in most cases.

If you click 'Inventory item',then you can do inventory related transactions and its movement etc.

former_member186095
Active Contributor
0 Kudos

Yes, that's right.

In your item master data, the FA item class is always created as item master data.  There are rarely customer want to create fixed asset master data in the item master data.  No relation between both.

On the other hand, The FA asset class can be as inventory item, purchase, sales or fixed asset. You can see that the 4th fields are checked by system after you created fixed asset class in the fixed asset setip.

JimM

Answers (0)