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Re: [sap-acct] Loan Setup As Fixed Asset

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Reply from VidhyaDhar on Oct 14 at 2:26 AM
Hi

I guess Parashuram's requirement has not been clarified by the OP in full.

1. In SAP, when your organization has a large portfolio of fixed assets
then they can be easily managed using the Asset Management module. This
renders all asset related activities such as acquisition, retirement,
transfer, depreciation , reporting etc. easy since the module is
specialized to do so. On the other hand, when your organization has little
investment in fixed assets ans uses a small asset portfolio, then you could
handle the management of assets from within FI-GL ( without using the asset
module ).

2. It is possible that a large chunk of your assets have been procured on
loan which is repayable in several equated monthly installments.

3. It is now here that there is an issue which has not been detailed by the
OP , I guess. The OP is referring to asset management with regard to assets
procured on loan.

If the OP's premise centers around management of assets only, then I would
suggest that you refer to paragraph numbered as 1 in this post.

It the OP's premise relates to easy management of scheduling asset related
loan repayments ( say working out loan EMI something akin to depreciation
schedule by using the asset module ), then it is suggested that the use of
a. recurring entry program or b. accrual engine in FI can offer a better
solution since asset related depreciation and loan related EMI need not be
clubbed and got confused by using the asset module for both purposes.

It is also not clear if the OP tries to convey if the asset module can be
helpful in capitalizing interest expenses incurred on loans availed for
asset procurement.

The OP's post does not elaborate his / her requirement, I am afraid.

Regards

VidhyaDhar

---------------Original Message---------------
From: vijay_ogirala
Sent: Saturday, October 13, 2012 11:44 PM
Subject: Loan Setup As Fixed Asset

hai parashuram

what dpl is saying that Assests purchased on loan , is their any separate procedure or set up in SAP for it.

 
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