1.

While using Serialized Master (IQ01) we have to create NonValuated Materials for the Furniture and Fixtures in
respective Schools for the existing Assets, we will be unable
to use this Material Code further during successive
Procurement since value is not updated.
2. While Activating Serialized Profile in Material Master, during
GRN it will ask for serial number but the problem lies with
the store team as it is not aware about the issue cost-center
at that point of time hence during GRN we cannot specify
inventory number.
E.g:-KCS/01/KSOM/001
3. While issuing of Asset to desired cost center is not possible
into a single Asset with Asset id. As the asset will be created
as per common cost center
4. If single asset is created for furniture & fixture then
depreciation cannot be run individually. Because assets will
be procured at different time so that we cannot differentiate
capitalization date for every assets, which will impact
depreciation run.
5. Department wise cost cannot be booked if we create single
asset for entire furniture & fixture. Because incase of single
asset (F&F) we can book that asset against common cost
center of a school.