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Open Item analysis of AUC GL account

Former Member
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Dear Experts,

In my company, we have asset class for AUC. We capitalise through AUC, that is first everything is debited to AUC then from there it is capitlise to fixed assset. My question is, when I capitalise from AUC to fixed asset that capitalised amount gets cleared from AUC asset, but from Geneal Ledger of AUC it does not get cleared, Due to this, it is very difficult to analyse the open item from General Ledger Account line item.What is the way to do this?

My first thought is, I would substitute Fixed Asset Number in both the line items of capitlisation entry so that user can sort on assignment and know the exact open items in general ledger. But in asset substituion as wel I could not find these fields/tables.

Need your help to resolve this issue.

Regards

Shailesh

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Answers (1)

Answers (1)

Former Member
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Hi

While execution of preliminary settlement AUC GL gets debited but at the time of final settlement (AUC to Final Asset) AUC GL gets credited.

Finally one debit and one credit will get nullified.By using available 'Business transaction events' u can update  Asset no in assignment field,and need not to maintain open item check box in balance sheet GL a/cs.

Regards

Rao