With the execution of this step, Assets under Construction are settled according to their settlement rules. The execution of the settlement is part of the periodic processing.ġ.5 Settle Asset under Construction – AIBU You have maintained the rules for the settlement. In this process step, you maintain the settlement rules for the Asset under Construction created in the previous steps. In this step, you post the acquisition from purchase with vendor.ġ.4 Define Distribution Rules for Asset Under Construction AIAB 3 Posting the Closing Invoice – Acquisition without order – FB01 We have created two asset master records, one Asset under Construction and one for the final settlement.ġ.

Final Settlement of the Investment Order (Collective Processing)ġ.1 Create Assets – Asset under construction.Maintaining Settlement Rule for Final Settlement.Creating Assets for Complete AuC Settlement.Asset under Construction Settlement (collective processing).Accounts Payable – Posting Invoice to Investment Order.Define Distribution Rules for Asset Under ConstructionĪsset Acquisition for Constructed Asset (Investment Orders).The next settlement transfers the AuC asset value to the completed asset.Īsset Under Construction Process: Asset Acquisition for Constructed Assets (External Procurment) Internal orders are used to capture the costs of AuC during the construction phase. Once the AuC is completed, the final asset is created in the appropriate asset class, and the internal order is set to complete. Once the asset is completed, a transfer is made to the final fixed asset. During the construction phase of an asset, all actual postings are assigned to the AuC. They are usually displayed as a separate balance sheet item, requiring separate account determination and their own asset classes. Assets under Construction (AuC) are a special form of tangible assets.

Sim settlements load order