Saturday 2 February 2013

Asset Under Construction (AUC) Config & Process Steps: Internal Order as Investment Measure:


Asset Under Construction (AUC) Config & Process Steps: Internal Order as Investment Measure: 
1. Define the AuC Asset Class (with investment measure) - OAOA 

2. Define the Asset Class – for Main Asset - OAOA 

3. Define Investment Profile - OITA a. Assign the AuC Asset Class (Step-1) in the investment profile 4. 
Assign Investment Profile to Model Order - OITA 

5. Define Order Type (Investment) - KOT2 a. Settlement Profile - OKO7 b. Maintain Allocation Structures - OKO6 c. Planning Profile - OKOS d. Budget Profile - OKOB 

6. Create an Internal Order - KO01 a. With the Investment Profile (Step-2) b. AuC automatically created by the system using Asset Class given in the Investment Profile 

7. Post the amounts to IO - FB01
Dr. Material supplied to Asset (Expenditure)
Cr. Cash account 

8. Settle the amounts to AuC from IO (Prcg type: Automatic) - KO88
Dr. Asset Under Construction account
Cr. Contra Capitalized 

9. Create the Main Asset - AS01 10. 
Settle the amounts to Main Asset from AuC (Prcg type: Full) - KO88 
Dr. Final Asset account 
Cr. Asset Under Construction account 

AuC using Line Item Settlement: 
1. Define the AuC Asset Class (with Line Item Settlement) - OAOA 

2. Define the Asset Class – for Main Asset - OAOA 

3. Define Order Type (Overhead) - KOT2 

4. Create an AuC-Asset (using Step-1 Asset Class) - AS01 

5. Create an Internal Order - KO01 a. Assign the AuC – Asset in Settlement Rule in IO 

6. Post the amounts to IO - FB01 

7. Settle the amounts to AuC from IO - KO88 

8. Create Main Asset (using Step-2 Asset Class) - AS01 

9. Assign the Main Asset in IO (Step-5) - KO02 

10. Settlement AuC – Line Item List - AIAB 

11. Settlement AuC - Receiver - AIBU

1 comment:

  1. Fantastic narration of the complete asset under construction life cycle. It would have been more informative, if the viewer could make out why to create asset class for AUC with investment measures. As I understand, creating asset class for AUC with investment measure makes user restrict the user to post transactions directly to AUC and user will have to follow the procedure by posting entries only through Internal Order.

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