We had created an AUC Asset in Year 2007.
Now in 2008 We have settled(Capitalized) thru AUC settlement AIAB/AIBU.
However some amount is decided not capitalize. As such we are settling it to Cost Centre which is assigned to a Expenses A/c (having Cost Element).
While settling the AUC the below error message is coming:-
Settlement of Old Asset Data to Receiver Type CTR Not Allowed
Message no. AW607
You tried to settle values from the previous year to a receiver other than an asset. This procedure is not supported by the system.
Check your distribution rules and change the receiver.
Please advise what is to be done, but we have successfully tried making settlement to Cost Centre for a AUC created during 2008.
Please help us,