Low Value Asset in SAP S/4 HANA

To Specify Max. Amount for Low-Value Assets

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.

Path to Configure Low Value Asset:

STEP 1: Specify LVA Asset Classes

SPRO > IMG > Financial Accounting, Asset Accounting, General Valuation, Amount Specifications (Company Code/Depreciation Area), Specify Max. Amount for Low-Value Assets + Asset Classes

Click on 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

STEP 2: 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 Low-Value Asset in SAP S/4 HANA

STEP 1: 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 Depreciation Areas tab

STEP 2: 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 Key Vendor Credit Invoice

70 Posting Kye Vendor Credit Invoice select your Asset 701-0 Transaction Type 100

 Click on Post Showing this error 

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

Thank You for your time.