Corporate Accounting and Reporting FAS - Selling Equipment
Activating Corporate Accounting and Reporting for Fixed Assets with integration with equipment
You must enable corporate accounting and reporting for fixed assets in the division where the integration to equipment is used.
See Managing Corporate Accounting and Reporting and Activating Corporate Accounting and Reporting in Fixed Assets .
Registration of equipment as a fixed asset
When corporate accounting and reporting for fixed assets is used with integration with equipment, the voucher series connected to the book of accounts that are used in the FAM functions AP10 (Manual entry of supplier invoices) and CA02 (Create internal account entries) must be 0 – Common.
The prefix of the fixed asset transaction number is set to AP10 if the fixed asset is activated through invoice matching. Otherwise, the prefix of the fixed asset transaction number is set to CA02, and the voucher number is created from ‘Internal Account Entry’ (CAS950).
Refurbishment of Equipment
When corporate accounting and reporting for fixed assets is used with integration with equipment, the voucher series connected to the book of account used in the FAM function CA02 (Create internal account entries) must be 0 – Common.
The fixed asset value per period transaction number is created with the prefix CA02 upon completion of the work order, and an internal accounting entry is created.
Selling equipment registered as a fixed asset
When corporate accounting and reporting for fixed assets is used with integration with equipment, you must define fixed asset disposal (FA40) for all the accounting ledgers used in ‘Corporate Accounting. Specify Co Nbr Ser’ (GLS085) before the equipment is sold.
With these settings, when the equipment is sold, transactions with a specific depreciation type are created according to the accounting ledger to which the depreciation type is connected.
The revenue-specific transaction is also written in the fixed asset value per period table (FFAHIS) and is denoted according to its origin.
For example, an equipment registered as a fixed asset is connected to four (4) depreciation types. These depreciation types are connected to the 4 accounting ledgers: 1-local, 2- Corporate, 3-Additional 1, and 4-Additional 2.
FA transaction | Period | Ser | Vouch no | Name | Vtp | Name | Rcd | Voucher type |
---|---|---|---|---|---|---|---|---|
FA400000050 | 202401 | P41 | 10010011 | FA40L1 | 12 | 10-YTD | 0 | 1 |
FA400000050 | 202401 | P41 | 10010011 | FA40L1 | 19 | Adj Local | 0 | 1 |
FA400000050 | 202401 | P41 | 10010011 | FA40L1 | 17 | 10-Scrap | 0 | 1 |
FA400000050 | 202410 | P42 | 40020011 | FA40C1 | 22 | 20-YTD | 0 | 2 |
FA400000050 | 202410 | P42 | 40020011 | FA40C1 | 29 | Adj Corp | 0 | 2 |
FA400000050 | 202410 | P42 | 40020011 | FA40C1 | 27 | 20-Scrap | 0 | 2 |
FA400000050 | 202401 | P43 | 40030011 | FA40A1 | 32 | 30-YTD | 0 | 3 |
FA400000050 | 202401 | P43 | 40030011 | FA40A1 | 39 | Adj Addl 1 | 0 | 3 |
FA400000050 | 202401 | P43 | 40030011 | FA40A1 | 37 | 30-Scrap | 0 | 3 |
FA400000050 | 202408 | P44 | 40040011 | FA40A2 | 42 | 40-YTD | 0 | 4 |
FA400000050 | 202408 | P44 | 40040011 | FA40A2 | 49 | Adj Addl 2 | 0 | 4 |
FA400000050 | 202408 | P44 | 40040011 | FA40A2 | 47 | 40-Scrap | 0 | 4 |
FA400000050 | 202401 | P40 | 40010023 | FA40 | 10 | Tot Acquisition | 0 | 0 |
Sales through rental agreement
FA transaction | Period | Ser | Vouch no | Name | Vtp | Name | Rcd | Voucher type |
---|---|---|---|---|---|---|---|---|
SO200000050 | 202402 | 2 | 10013986 | SO-INV | 80 | Sales | 0 | 0 |
Sales through customer order line
FA transaction | Period | Ser | Vouch no | Name | Vtp | Name | Rcd | Voucher type |
---|---|---|---|---|---|---|---|---|
OI200000050 | 202401 | P20 | 20010001 | OI20 | 50 | Sales | 0 | 0 |
Sales through distribution order
FA transaction | Period | Ser | Vouch no | Name | Vtp | Name | Rcd | Voucher type |
---|---|---|---|---|---|---|---|---|
MF010000050 | 202401 | 600 | 601017 | INTDD | 50 | Sales | 0 | 0 |