Asset Procurement in CSI for asset valuing below 15000

Asset Procurement can be done for asset valuing below 15000 through F-90 by direct posting into required GL through asset code & Vendor code.

Steps:-

1. Log in to SAP

2. Enter T-code F-90

3. Credit (Pst key – 31) – Vendor Code/OTV

4. Debit (Pst key- 70) – Asset Code

*TType => 100

5. Liability Document accounting entries would appear like this & required entry would hit the required GL-

6. Payment to Vendor – Based on Invoice liability document created above, Payment can be made using F-58 (Cheque Payment) or other F-53 for Cash Payment from Rs 5000 to Rs 15000 .