Transfer Company Owned to Company Rental Asset
Explanation
This activity is to transfer the company-owned stock to company rental asset.
With this transfer, the inventory value will be moved from an inventory general
ledger account to a fixed asset acquisition account. You can also set up posting
controls to post the transaction to a fixed asset object. The transfer of ownership
can also be applied on a handling unit and will then have effect on the content
of that handling unit.
Prerequisites
- Set up posting type M257 in posting control.
- Optionally set up M259 in posting control to use pre accounting
or use a combination of M257 and M259 posting types for different
code parts.
- Company-owned stock should exists in specific inventory location and
no reserved or transit quantity should exist.
- The quantities should not exist in rotable part pools and stock should
not be frozen for counting.
- Stock should not be in project inventory.
- Transfer of ownership is only allowed for parts that have been received
into a stock location. i.e., transfer is not allowed when a part is in-arrival
or QA locations and it is not allowed in shipment locations.
System Effects
- The ownership of the transferred parts in inventory and in
Part Serial page becomes Company Rental
Asset.
- Postings are created with debit posting type M257, Transfer from
Company Owned to Company Rental Asset, and credit posting type M1,
Inventory.
- If the line is posted to a fixed asset object, a system defined link
to this object will be created on the Company Rental
Assets tab in the Part Serial page.