transfering stock from inventory to Fixed assets

[mohammedahmed1966]

how to transfer the stock from inventory to the fixed assets? through mass additions? we are on 11i, do not have installed base and oracle asset tracking.
we are doing a manual procedure as follows: lookin for an automatic way.
1. do a misc issue from inventory.
2. enter it on asset workbench.

thanks,

[hiszaki]

Hi mohammed

Please try to visit this link. I think it will help you.

topic.asp?TOPIC_ID=3404

Thanks
Hisham

[mohammedahmed1966]

[quote]Hi mohammed

Please try to visit this link. I think it will help you.

topic.asp?TOPIC_ID=3404

Thanks
Hisham

<i><div align="right">Originally posted by hiszaki

[mohammedahmed1966]

Hi Hesham,

thanks for the link. all the steps from creating PO, receiving in inventory and AP invoice is performed already. the link is not so helpfull. for us the quantity is lying in stock as 10. we need to transfer 6 quantity to fixed asset. currently as shown in earlier post we are doing a misc issue of qty 8 and adding them as asset on asset workbench manually. how to automated this manual procedure. the option is to pick it from MTL trans table and insert and use MASS addition interface.

thanks,

[hiszaki]

Hi mohammed

I would like to understand you issue, according to your description you want to transfer quantities from inventory to fixed asset.

According to my knowledge when you receipt inventory item defined as asset, & validate the AP invoice, you run the mass addition report to create items in the fixed asset with total quantities.
In physically, how you transfer item from inventory to be asset. the item should be on you inventory to can used or tracked & in the same time in the fixed asset module you run depreciation & know the asset location.

If you transfer item from inventory, where the item will be placed?

Please try to explain the real cycle & we will help you ISA.

Hope I can help you
Hisham

[senthilitmails]

Hello,

The given link only explained overall process, No One explained Accounting entries.

Appreciated if some one give entire process accounting entries and major setup details.

Regards,
Senthil Kaliyamurthy

[quote][quote]Hi mohammed

Please try to visit this link. I think it will help you.

topic.asp?TOPIC_ID=3404

Thanks
Hisham

<i><div align="right">Originally posted by hiszaki