Hello Experts,
I need help to understand that how to transfer asset under construction into real asset and what are points consider during the process.
Kindly share your views here, So i can understand the topic.
Thanks in advance.
How to Transfer Asset Under Construction into Real Asset?
Updated May 18, 2018
Comments
Recommended Posts:
- What is SAP FICO?
- SAP FICO Training Tutorials for Beginners
- SAP FICO Define Account Group
- SAP FICO Reverse Clearing Document
- Foreign Currency Valuation Configuration
- SAP FICO User Exit for Vendor Master
- FICO Vendor Account Group Table
- SAP FICO Withholding Tax
- Assessment Cycle vs Profit Center
- SAP FICO Asset Accounting
- SAP FICO Posting Key for Bank
- SAP FICO Document Type
- SAP FICO Document Number Ranges
- SAP FICO Parked Workflow Configuration
- SAP FICO GL Account for Cash Journal
- GR/IR Accounting Entries and Journal Entries
- SAP FICO Chart of Accounts
- SAP FICO Transaction Codes
- SAP Business Area and Profit Center
- FICO Certification Cost in India
×
Asset under construction settlement to real asset. steps are consider first take example: your organization purchased one asset for 80000 rupees and asset installation expenses 20000 expenses are installation expenses.
So, that expenses you settle with main asset.
steps for that steps
1) Create G/L A/c(Installation expenses)
2) Create that Gl as cost element
3) Go to Allocation Structure(OKO6) give related assignment
4) Define settlement profile (Here you have to give how much you r going to settle options available like 100% validation, % settlement like that options.
5) Assign settlement profile to co code(OAAZ)
6) Create AUC Asset(AS01)
7) Create Main asset (AS01)
8) Post AUC Acquisition(f-90)
9) Maintain No ranges settle document
10) Create internal order types and assign settlement profile order types T code(KOT2_OPA).
11) create internal order(Ko01)
12) Define co doc no ranges business transactions (KOAO)
13) Post expenses in FI against internal order
14) Run internal order settlement(KO88) For one order (KO8G) For more than one order
15) Go and check internal order report(KOB1)
16) Run AUC Distribution(AIAB).