How to run settlement of AUC – AIBU. Now it’s time to settle the AUC. To settle a AUC use transaction code AIBU or following path; SAP Menu > Accounting > Financial Accounting > Fixed Assets > Posting > Capitalize Asset under Construction > AIBU – Settle. From the auc settlement: initial screen enter followings; Company code; Asset; Sub number; Document date; Asset value date; Posting date; Posting period
What is a AUC in SAP?
AUC is Asset under construction where some assets are in construction phase and cost needs to capture through internal order for the time being. Once asset is fully completed then cost would be transferred to another cost object (E.g. Cost center) and settle with final asset.
Do AUC settlement and final asset have the same depreciation areas?
For AUC settlement to final asset, it’s not always true that both assets manage exactly the same depreciation areas. For example, if the final asset is from a Japanese company code and manages area 10 which is Japanese tax report area, but unfortunately there’s no such a depreciation area in sender AUC asset.
What is AUC (asset under construction)?
What is AUC? AUC is Asset under construction where some assets are in construction phase and cost needs to capture through internal order for the time being. Once asset is fully completed then cost would be transferred to another cost object (E.g. Cost center) and settle with final asset.
How to settle AUC with fixed asset in ko88?
Settlement with Fixed Asset in KO88 Here AUC will be settled with Fixed Asset. Go to Settlement Rule and Add Fixed Asset because AUC will be settled with FA. 15. Check the AUC and FA in AW01N
How do you settle an AUC asset in SAP?
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 do you check AUC settlement rule in SAP?
To find this option, go to Business Configuration work center, and choose Implementation Projects view. Select your implementation project, and click Edit Project Scope. In the Scoping step of the guided activity, select Financial and Management Accounting, then Fixed Assets, and Fixed Assets Files.
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 final assets in SAP?
You can create your settlement profile by using T Code OK07 and you can assign the same to your company code by using T Code OAA2.
What is AUC asset in SAP?
What is AUC? AUC is Asset under construction where some assets are in construction phase and cost needs to capture through internal order for the time being. Once asset is fully completed then cost would be transferred to another cost object (E.g. Cost center) and settle with final asset.
How do I use Abumn in SAP?
Asset Transfer with transaction code ABUMN Fill out Field Asset with an asset number already created (press enter) Fill out Fields Document Date, Posting date and Asset Values Date . In transfer to select the option New Asset and fill out Asset Class with ZSAO and Cost Center with ZSAO.More items...
How do I find an AUC asset in SAP?
SAP Tables for Asset Auc — the most relevant and popular Tables are listed at the top. You can click on a Table to view more information like table structure, field names, SAP Help/reference links etc. You can also click on the Functional Area to view all the Tables for that module/sub-module.
How do you reverse AUC?
You can reverse your AUC settlement by using transaction code AIST or following path; SAP menu > Accounting > Financial Accounting > Posting > Reverse Document > AIST – Capitalize Asset u....Enter followings from the settlement AUC: initial screen;Company code.Asset.Sub number.Layout and additional area.
How do I settle WBS to AUC?
Following are the steps for Automatic creation of AUC.Asset Class (FI)Investment profile (FI)Assignment of Investment profile by PS team (PS)Creation of settlement Profile (FI)Assignment of Settlement Profile to company code (FI)Creation of Allocation structure.More items...•
What is CJ88 used for in SAP?
CJ88 is a transaction code in SAP CO application with the description — Settle Projects and Networks.
How do I account for construction in progress?
Here are the steps to track and record construction-in-progress expenses:Determine which expenses are CIP. You need to determine which costs relate to the project in progress. ... Identify the expenses. ... Log expenses. ... Transfer the enter construction-in-progress amount when the project is finished.
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.
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.
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.
