Purchasing an asset

[Former Member]

Hi All,

When purchasing an asset VAT is applicble. How canwe divert the tax amounts into that particular GL accounts.and how can we calculate tax on it. I am purchasing asset in F-90 . do we need to maintain condition types. i had already created a tax code and assigned to the GL in OB40 . But i want to know that is the condition type is mandatory?CAN ANY ONE EXPLAIN THE WHOLE PROCESS.I HAV TO PURCHASE A ASSET THROUGH F-90.CAN WE PURCHASE A ASSET THROUGH MIRO.

regards,

vasanth

[Former Member]

Hi Vasanth,

You can purchase an Asset using a purchase Order. Use Account Assignment Category A for the same. An alternate method is to use an internal order, purchase against this internal order (using account assignment category F in the Prurchase Order) and settling the internal order to CWIP / Final Asset.

Rgds

Shivram.

[Former Member]

vaa machi...vaa...welcome to the club

[Former Member]

Hi,

It seems you are in good mood today.

But to remember one thing, It is not FUN club.

Global platform requires professionalism

Sorry to say this.