Hi,
You can maintain two types AUC accounts.
<b>1.</b> Suppose you want to post all expenses directely to AUC, need to create AUC under class 4000
Posting are made through F-90
Entry for example
AUC a/c dr
To vendor or bank account
Go to AIAB ---> Give distribution rule and
go to AIBU --> Settle the asset
Entry passed is
Asset a/c Dr
To AUC a/c
The advantage of this is you can settle this AUC (4000) whenever you want.
<b>2.</b> You can pool cost in internal order and can settle AUC afterwards
Asset settlement thought internal order is general used for assets under construction. All costs are pooled in the internal order. Periodically or whenever wants the internal order is settled (within a fiscal year) i.e. the amounts in the internal order are capitalised.
First create an internal order (KO01) , take object class as investment and give investment profile. Now system asks and creates one AUC account under asset class 4001.
Then create settlement rule (KO02) and release the order (control data tab)
Post some amounts (like wages or non-production material ) to internal order.
Then come to KO88, first take the automatic settlement and run.
The accounting entry passed is
Asset under construction a/c Dr
To Wages a/c
If you want to complete the settlement to auc, then take now full settlement option and run
The accounting entry passed is
Asset a/c Dr
To Asset under construction a/c
While doing settlement in KO88, you can give any settlement period, posting period and asset date, but all should be in the same fiscal year.
If you want to close the order go to KO02, give order number and take control data tab and click on technical complete tab on the screen and save. Internal order will be closed.
Radha
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