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Low value Asset in SAP

1:- Specify Max. Amount for Low-Value Assets + Asset Classes

 

You need to specify a maximum amount per company code or per depreciation area for your low value assets. SAP checks this maximum amount during every acquisition posting, providing the corresponding low value indicator has been set in the asset’s asset class master.


  • Specify LVA Asset Classes


Path financial accounting, Asset Accounting, General Valuation, Amount Specifications (Company Code/Depreciation Area), Specify Max. Amount for Low-Value Assets + Asset Classes


Enter Specify LVA asset Classes


Specify LVA asset Classes

Position Search Your Asset class LVA C001


Specify LVA asset Classes

Select Your Asset class and enter LVA Check


Specify LVA asset Classes

LVA 1 Value based maximum amount check


  • Specify Max. Amount for Low-Value Assets


You can specify the maximum amount for low value assets by using following path or transaction code OAYK


Enter Specify Max. Amount for Low-Value Assets

Specify Max. Amount for Low-Value Assets

Click on position and select your co code and click on Amount for Low –value assets


Specify Max. Amount for Low-Value Assets

Enter Max LVA Amount for posting and max LVA Amount for purchase order


Specify Max. Amount for Low-Value Assets

Testing


2:-Create Current Asset (AS01)

Create Current Asset

Click on Master Data


Create Current Asset

Click on Time Dependent tab and enter cost center


Create Current Asset

 

Click on Origin tab and enter your vendor


Create Current Asset

Click on Deprec.Areas tab

 Asset

Click on save


The asset 701 0 is created


3:- Asset Purchase (F-90)


Asset purchase refers to the acquisition of tangible or intangible assets for a company's use, such as machinery, equipment, vehicles, buildings, or software licenses.


31 Posting Kye Vendor Credite Invoice

Asset Purchase

Enter


70 Posting Kye Vendor Credite Invoice select your Asset 701-0 TType 100

Asset Purchase

Enter


Asset Purchase

 

 Click on Post Showing this error 

 

Asset Purchase

 

 Area 01, currency INR: LVA maximum amount exceeded. Posting not allowed.

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