Comply with Capital Goods Reporting for France, Spain, and Portugal

  • by Kees van Westerop, Senior SAP Consultant, Kwest Consulting
  • June 29, 2009
You can set your SAP system to automatically create an adjustment posting to report capital goods invoices separately, as required by some countries.

Within France, Spain, and Portugal, purchase invoices concerning capital goods must legally be reported separately on a company’s balance sheet. SAP has developed some functionality to fulfill this legal requirement. I’ll explain how to set up this functionality, how you can identify purchase invoices as capital goods invoices, and how to report the amount of open capital goods-related purchase invoices.

The complete functionality is based on the investment ID indicator. You need to activate this on a country level. After activation, the indicator is available in all purchase invoice-related transactions, such as MIRO and FB60. To activate this indicator, use transaction OY01 or follow menu path SAP NetWeaver > General Settings > Set Countries > Define Countries in mySAP Systems (Figure 1). Click the Capital Goods Ind. check box.

Kees van Westerop

Kees van Westerop has been working as an SAP consultant for more than 25 years. He has an MBA degree in mathematics and a degree in finance. Kees has been concentrating on the financial modules, especially in general ledger accounting, cost center accounting, and consolidation. He also has a great deal of experience with rollouts of kernel systems and integrating finance and logistics.

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