Hi,
When we record an AP Invoice for a Fixed Asset, the Posting Date of the AP Invoice (actually the Value Date in Accounting Tab) is automatically captured as the Capitalization date in the Fixed Asset Master.
There is also a separate Capitalization document in the FA module, where you can select the same asset master and enter any Posting Date, Value Date, and enter any value for the asset.
I have a few questions:
1. When we create an AP Invoice, the Capitalization document is also created automatically. In which situation is it useful to create a Capitalization document manually without an AP Invoice?
2. There is also a field Capitalization Date in Asset Master, which can be entered manually until you create an AP Invoice or Capitalization document. If we enter the date manually, is there any need of Capitalization document? What happens if we enter a date manually, and also create a Capitalization document separately with a different date? The date which we entered directly in the Asset master remains as the Capitalization date, then what is the use of the Asset Value date in the Capitalization document we created?
3. There is no restriction on creating a Capitalization document multiple times for an Asset. For example, we can create AP Invoice for an Asset which automatically creates the Capitalization document, and also separately create Capitalization document for the same asset as many times as we want. In which situation is this useful?
Thanks.
