Process Flow Diagram For Asset Purchase Thru MM
Asset Management:
Before Dep Run
After Dep Run
Asset Acquisition
Purchase Order
Goods Receipt Note
Invoice VerificationWith GRN & PO
Month end Activity Depreciation Run (AFAB)
Create Asset Number
FI MM
Separate Serial Number for PO
Dr. Asset or AUC A/CCr. GR/IR A/C
Update the Asset Register
Dr. GR/IR a/cCr. Vendor a/c
Depreciation Value and Asset Value update in Balance Sheet
EXCISE INVOCE(50% Of the Credit is eligible
and 50% will be for subsequent years)
GRN Prepare at store
Asset Explorer (AW01N)-Asset Wise Dep.Postings Monthly
Process Flow Diagram For Asset Sale Thru SD
Asset Management:
Process Flow Diagram For Asset Settlement
Asset Management:
Asset Acquisition
ASSET SALE W/O CUSTOMER (ABAON)
Create A Sale Order (VA01)
Excise Posting For Capturing the Duty
Payable
Create Asset Number
FI SD
Separate Serial Number for PO
Dr. Customer A/C Cr. Sales A/C
Billing (VF01)
After that create Asset as Material With Non Val. Mat Type.
Before Dep Run
After Dep Run
.
Asset Acquisition
Purchase Order
Goods Receipt Note
Invoice VerificationWith GRN & PO
Month end Activity Depreciation Run (AFAB)
Create Asset Number
FI MM
Separate Serial Number for PO
Dr. Asset or AUC A/CCr. GR/IR A/C
Update the Asset Register
Dr. GR/IR a/cCr. Vendor a/c
Depreciation Value and Asset Value update in Balance Sheet
EXCISE INVOCE(50% Of the Credit is eligible
and 50% will be for subsequent years)
GRN Prepare at store
Asset Explorer (AW01N)-Asset Wise Dep.Postings Monthly
Settle AUC to Asset thru AIAB
Dr Real Asset A/CCr AUC A/C