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Error in AUC Settlement (Urgent)

Former Member
0 Kudos

Hello Every body,

I got an error while posting the AUC Capitalization in the settlement rule i have given 100% and amount which needs to be capitalized can also be seen in the Asset Explorer ....the error is as follows..

<u><b>Error:</b></u>

Line Item reduce the cut-off value by 1.00

Massage NO: AA632

Asset affected : 12345

Diagnosis:

The book value of the asset is below the cut off value in the amount of 1.00

Procedure:

Check your entries for the amount, transaction type and cut-off value specifications, such as memo value, scrap value or cut-off value percentage rate

<i>Plz through some light regarding this issue</i>...points will be assigned instead of thanks

Regards

SM<u></u>

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

Hi,

In the depreciation key for asset 12345, it looks like there is cut off key mentioned in AFAMA. If it is so, look into the parameters of that cut off key and cross check with the amount that you are now trying to post to this asset. It looks like that there is a conflict there.

Thanks

Jagdish

Former Member
0 Kudos

Hii Jagdish,

Thanks for ur quick response, In my CWIP Asset Cut off key is not maintained it is blank and the Scrap is also given as 0 only.

In the receiving Asset Cut off is given but again Scrap is zero.

Regards

Surendra

Former Member
0 Kudos

Hi,

Remove/change the cut-off value in the receiving asset. Thats where the problem lies.

Thanks

Jagdish

Former Member
0 Kudos

Hii Jagdish,

The Cut off Value key is assigned to the Dep key and 5% is assigned to it, But it is line with the Accounting rules and principles I cannot change the same.

Again this is maintained in the Recieving asset and the error message is showing the Asset affected is the sender asset.

Pls throw some light.

Regards

Surendra Mahajan

Answers (1)

Answers (1)

Former Member
0 Kudos

I solved by Myself.

though the Cutt off value key is 0 as the Date of Capitalisation is not in line with the Amount posted the error was coming.