Process documentationCreation of Master Data for Asset Purchases

 

When you purchase assets for your own use, you create two asset master records as follows.

Process

  1. You create an asset master record for the asset before you capitalize it.

    You post the purchase to this asset, and transfer the costs when you are ready to capitalize the asset. This type of asset is known as an “intermediate” asset.

    You specify in Customizing which assets are intermediate assets (see Customizing for Automatic Tracking of Invoices for APC).

  2. You create an asset master record for the asset after capitalization.

    To capitalize the asset, you transfer the intermediate asset’s line items to the real asset. There are no additional settings required for such “real” assets.