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

Position Search Your Asset class LVA C001

Select Your Asset class and enter LVA Check

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

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

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

Testing

2:-Create Current Asset (AS01)

Click on Master Data

Click on Time Dependent tab and enter cost center

Click on Origin tab and enter your vendor

Click on Deprec.Areas tab

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