Asset transfer procedure in GST regime 06 11.

2019

Scenarios

Scenario
No GST Applicability
Asset Transfer Intra CO Inter GSTIN Example
Apphicable 2802 Punjab Amritsar
BA to
2804 Punjab
Aset Transter Intra CO Intra GSTIN
Not Applicable
Chandigarh BA
1401 Bihar Circle Office
to
1402Bhagalpur
Asset transfer:
clufforen
Procedure for NOs

Same

5 No Activity Intra Company,

Intra Company, Intra GSTIN
Inter GSTIN
Creation ot Decom Asset AS01
AS01
Transfer from Main asset ABUMN
to Decom Asset Both
ABUMN
Gross Value and AccDep
Creation of Material in By MM MDM L3 Team By MM MDM L3 Team
ZRAM type with standard
value (Not MAP) for the
net value of asset
Creation of reservation MB21 MB21
with movement type 242-
RE for asset
Goods receipt against MIGO MIGO
reservation - Decom

Asset conversion in to
inventory
PO by receiving plant for ME21N ME21N
the material (PO
same
(ZGTO) (ZSTI)
typeas per the scenario)
Outbound delivery (OBD) VL10B/ VL10B/
by sender against the
PO& Post Good Issue VLO2N VLO2N
Customer invoicing by VFO1 Not Applicable / Not to be
sender plant against OBD done
(for details refer note 5)
Document output for Tax Invoice Delivery Challan
Material movement - Tax
ZMMF_NRGP
Invoice/Delivery Challan VFO3 (InputMat. doc. no.)
Invoice output type ZFXE

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Asset Transfer un GST Regine Page 1 of2
 Activities Intra Company, IntraCompany, Inter
S No Inter GSTIN Plant, Intra GSTIN
Goods receipt by the MIGO MIGO
10
receiving plant against
OBD
Vendor invoicing by Not Applicable/ Not to
Zfi_liG_iNV
receiving plant against PO be done

Creation of Asset in the ASO1 ASO1

2
respective class in the
receiving plant (without
Quantity, but with unit of
measurement)
Creation of reservation MB21 MB21
15
with movement type Z41-
Gl for asset
Goods issue against MIGO MIGO
14
reservation - Inventory

conversion in to Asset
(Net Value)

Note
Taxation
Accounting instructions and Taxation instructions as issued by BSNL Corporate office CA Section &
shoall be followed.
Section respectively
Asset Number, Gross value, Accumulated Depreciation, Net Value,
Asset history sheet, i.e. Asset details viz.
Remaining life, etc. should be prepared manually and
Dote of capitalization, Useful life, Expired useful life, also be attached to the stock transfer
Challan and the same must
sent along with the Invoice /Delivery
order
plant shall be carried out thro' F-04 as per the
usual
the respective
3. Bolonce transfer to Remittance GL of
procedure.
4 For more details on creation of STO, please refer FAQ 184
5. For invoicing please refer the attached file.
fill Template MM08 available on portal under MM module
6
For creation of new ZRAM type material please
to be mentioned in MM 08 Template
under parameters as
Blank Data Template. Following value needs
mentioned below:
0. Column Q- " Price In RS."-> Please provide Standard Price.
Account Assignment Group as "49
D. Column W-"Acct. Assignment Group"-> Please provide
"2600"
Column S-"Valuation class"-> Please provide valuation class as
din the same way standard price needs to be maintained at receiving plant also.

sd.pdf MM08_NEw
MATERIAL SAP CODE

(Or)

W
Asset Transfer
.docx

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ERP Asset Transfer in GST Regime