how to create settlement rule for auc in sap

Automatic Settlement of Assets under Construction.

• Step 1 : Scoping. To find this option, go to Business Configuration work center, and choose Implementation Projects view. Select your implementation ...
• Step 2 : Assign AuC. You need to have a Asset Class which supports AuC and for this either you create a default class where all assets under ...
• Step 3 : Create a AuC Asset.
• Step 4 : Assign an AuC to a project task. From Cost and Revenues work center > Projects view Create/Select a direct cost project and click on Assign ...

Full Answer

How to do AUC settlement run - AUC to fixed assets?

Settlement Run- AUC to Fixed Assets using Tcode AIAB Once the production is complete, settle the cost to a fixed asset and depreciation will start on the that. Go to the transaction code AIAB, enter the company code, AUC number and press on execute button. Now select the enter button to maintain settlement rules.

How to go to asset master data in settlement rule?

In settlement rule double click on ‘asset number’, it will take you to asset master data. Otherwise, you can go to asset master data by using the tcode ‘AS03’.

How to maintain Settlement rules in AIAB transaction?

Go to the transaction code AIAB , enter the company code, AUC number and press on execute button. Now select the enter button to maintain settlement rules. Enter the category ‘FXA’, the receiver asset number and the percent allocation. If you want to allocate the whole amount to a single asset maintain 100% and press the back button.

How to create AUC for asset procurement?

To begin with the asset procurement process, first we need to create the required master data. AUC is created using tcode AS01. Asser under construction are created in a specific asset class. You need to enter the below parameters.

How do you maintain settlement rule in AUC in SAP?

Settlement rules can be maintained from AuC to Fixed Assets. To do so, in the Fixed Assets work center, Fixed Assets view, select the asset under construction, and click Settlement Rule, and then New Settlement Rule.

How do you create AUC settlement in SAP?

Go to the transaction code AIAB enter the company code, AUC, sub number and press execute button. Press the enter push button to settle the amount. Enter the Category”FXA” Relevant Asset Master Number which has to be capitalized and press Back button. Press the Settlement Push Button.

How do you set a settlement rule in SAP?

ProcedureChoose Settlement rule in the master data maintenance for the relevant sender object. The screen Maintain Settlement Rule: Overview screen appears. ... Choose Edit New Rule. or enter the value directly. ... Specify the settlement type for each distribution rule. Note.

How do I settle AUC?

First maintain Settlement Profile, here we maintain distribution rule which will allow settlement by way of. % percentage settlement. Amount settlement. ... Maintain settlement rule in the internal order, KO01/KO02. Here in the Category select FXA. Settlement Receiver Asset Number. ... Order Settlement through KO88.

What is the Tcode for AUC settlement?

SAP Auc Settlement Transaction Codes#TCODEFunctional Area1AIABFI - Line Item Settlement of AUC2AIBUFI - Line Item Settlement of AUC3KO88CO - Overhead Cost Orders4CJ88CO - Overhead Cost Orders32 more rows

How do you settle AUC assets to fixed assets in SAP?

Settlement Run- AUC to Fixed Assets using Tcode AIAB Go to the transaction code AIAB , enter the company code, AUC number and press on execute button. Now select the enter button to maintain settlement rules. Enter the category 'FXA', the receiver asset number and the percent allocation.

What is KO88 in SAP?

KO88 is a transaction to settle the Order (Production order, Internal order, QM order, PM order, etc). In case of Production order, if there is any balance lying in the order, it would be on account of WIP or variances.

What is KO8G in SAP?

The SAP TCode KO8G is used for the task : Actual Settlment: Int. -/Maintenance Orders. The TCode belongs to the KABR package.

How do I create a settlement profile in SAP?

You can maintain a settlement profile in system. Step 1 − Use the T-code: OKO7 or navigate to SPRO → IMG → Controlling → Internal Orders → Actual Postings → Settlement → Maintain settlement profiles. Step 2 − In the next window, select maintain settlement profiles and click Choose.

What is CJ88 used for in SAP?

The SAP TCode CJ88 is used for the task : Settle Projects and Networks. The TCode belongs to the KABR package.

How do you settle an investment measure in SAP?

The system carries this process out automatically for the most part, using control parameters and settlement rules you have entered. There are two ways of settling investment measures: Periodic settlement at the close of the period. Full settlement or partial capitalization of the investment measure at its completion.

How do you retire an AUC asset in SAP?

Ignore AAPO123 and post complete retirement to AUC via T-code: ABAVN or T-code: ABUMN. Use T-code: KO02 or T-code:CJ02 to close the CO object which the AUC belongs to. Use T-code: AS02 to set 'Deactivation date' (ANLA-DEAKT) manually in AUC master data.

How do I reverse an AUC settlement?

You have to use transaction AIST in order to reverse AUC settlement.

What is WBS settlement in SAP?

Settlement is the process where the actual costs incurred for a WBS element, network, or activity are allocated, in whole or in part, to one or more receivers. In the process, offset entries crediting the project are generated automatically. The debit postings remain in the receivers after settlement.

What is Aiab SAP?

The SAP TCode AIAB is used for the task : Asset under Construction (AuC) Assignment of Distribution Rule. The TCode belongs to the AIA package.

What is AUC asset?

(18) An Asset Under Construction (AUC) is an asset the University is currently 'constructing', which is not yet being used for its final intended purpose.

What is settlement factor?

Settlement Factor, Enter the quote for each receiver as an absolute value. Taken as a whole, the settlement factor represents the settlement ratio (such as for instance 60:40) for which costs are allocated. The system automatically calculates the percentage for each unit.

What happens when you post a project to AuC?

Once the first project postings are done, 100% of the expenses are automatically settled to the linked AuC.

What asset class is used for AuC?

You can either mark the standard available fixed asset class 4000 as the default class to create asset under construction or create a custom fixed asset class.

Is 4000 asset class an AuC class?

So, here marked 4000 Asset Class as AuC class and also the depreciation method should always be 0000 – No automatic depreciation

Is AuC a fixed asset?

A : So, When posting the initial expenses/cost the AuC asset is changing its status to Capitalized – Yes this is right AuC is nothing but a fixed asset with a special fixed asset class (with the AuC Indicator set to true).So there is no difference in the status handling between AuCs and FXAs.

How to avoid error in settling?

So, to avoid the error, we must make sure that we pass only the document numbers that are used for settling. Instead of directly going into the t-code, while recording click on further selection criteria (as shown below), here we can pass the required document number and related information.

What is ZCAP_DIST_RULES?

ZCAP_DIST_RULES is one of the custom tables that holds all the assets details that we need to pass to create distribution rules for any AUC.

Why do we need to detach and create distribution rules?

Summary : We have seen that detaching and creating distribution rules will avoid us getting errors while settling AUCs through BDC. It will help us to clear all the manual distribution rules that were created if there are any.

Can we pass assets that are used for settling?

We can pass our assets that are used for settling.

Purpose

The purpose of this page is to clarify the understanding of the system logic and requirements in relation to the settlement of asset under construction through transaction codes AIAB and AIBU.

Overview

The following paragraphs and screen shots will describe an EXAMPLE in steps of a settlement of asset under construction using transaction codes AIAB and AIBU and provide an explanation of the functionality of the main fields and buttons.

Preparing scenario

1.1) Create an asset under construction using asset class that refers to AUC. and post two acquisitions to this asset with different posting date, please refer to the following link how to post acquisitions: Asset acquistion.

S etting distribution rules through transaction code AIAB

2.1) To set distribution rules to an asset under construction go to Navigation: SAP Easy Access -> SAP Menu -> Accounting -> Financial accounting -> Fixed Asset -> Posting -> Capitalize Asset u. Const. -> Distribute.

Settlement AUC through transaction code AIBU

3.1) To settle an asset under construction go to Navigation: SAP Easy Access -> SAP Menu -> Accounting -> Financial accounting -> Fixed Asset -> Posting -> Capitalize Asset u. Const. ->Settle.

How to see transactions performed via settlement run?

Go to asset explorer and enter the asset number maintained in the settlement rule. Here, you can see the transactions performed via settlement run.

What is receiver object in settlement?

In settlement run receiver object is an asset. Make sure asset master data is present in the system.

What is the tcode for WBS settlement?

Once you have checked all the configuration you need to run the settlement via tcode CJ88 for WBS settlement to assets.

How is production cost booked?

In any production process cost is booked in cost objects via postings made in the financial accounting.

What is settlement rule?

The settlement rule contains the settlement parameters as well as the distribution rules. Distribution rules contain the settlement receivers, settlement shares and settlement type. They can contain a source assignment. 1.

How does SAP note 330001 work?

SAP note 330001 describes how amount settlement works, providing detailed examples. The main theory of amount settlement is that the amount to be settled (from the distribution rule) is proportionately deducted from incurred costs. The rest is distributed to the receivers of the percentage rules. The amount settlement does not take place if there are no costs that need to be settled. Please see useful information in SAP note 50249.

What is the difference between a 100% per and a 100% Ful rule?

This means that all costs from the settlement period are settled using the PER rule, and the activity information for these costs are transferred thus to the receiver cost center. On the other hand, the FUL rule ensures that any subsequent costs that were settled to the past are also settled.

What is hierarchy settlement?

This means that a sender (that is also a receiver during this settlement) is processed according to the object settled to it. This is controlled by the hierarchy number in the settlement parameters.

What is external settlement?

External means that the settlement not only occurs in CO, but also triggers postings in Financial Accounting. You specify whether a receiver category can be entered in a distribution rule or not in the settlement profile. 2. Distribution Rules using Percentages, Equivalence Numbers and Amounts.

What are distribution rules?

Distribution Rules using Percentages, Equivalence Numbers and Amounts. Settlement is made depending on the settlement rule created. You can create distribution rules with either percentages, equivalence numbers or amounts.

Is a production order an external receiver?

In addition, production orders have material as an external receiver. External means that the settlement not only occurs in CO, but also triggers postings in Financial Accounting.

How to post outgoing payments?

Post outgoing payments using tcode F-53. Click on process open items and enter the amount for the selected entry in open items. Click on save button to post.

What happens after a PO is created?

After PO creation, approver checks the PO and releases it.

When does depreciation start?

Once the production is complete, settle the cost to a fixed asset and depreciation will start on the that.

Is AUC capitalized from asset value date?

Further, you can check that AUC value is set to zero and actual asset is capitalized from the asset value date.

Purpose

Overview

Preparing Scenario

Setting Distribution Rules Through Transaction Code AIAB

Settlement AUC Through Transaction Code Aibu

• 3.1) To settle an asset under construction go to Navigation: SAP Easy Access -> SAP Menu -> Accounting -> Financial accounting -> Fixed Asset -> Posting -> Capitalize Asset u. Const. ->Settle. Alternatively: Transaction code AIAB 3.2) Fill out Field Asset with your asset under construction number already created with postings, same that you used in...

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