Usage of Internal order for Assets

[Former Member]

Hi All,

I am new to the concept of using internal orders for asset settlement.Can please somebody tell me how to use the internal order for the purpose of settling down to assets.

1) Which order are we talikng here.Internal order or investment order

2) how we use it.Do we mention the order number in PO or MIRO.

3) how to create the order for this purpose.

4) how the Cutome Clearing charges and all will be refelcted in order

5) How to setllt the order

Archit

[sivaprasad_r · Accepted solution]

Hi !

The settlement of Internal order to Asset is as below:

1. Create an internal order ( KO01)

2. Maintain the settlement rule with Asset ( Existing)

3. Post transactions with the internal order as the cost object. If a PO is related to the Internal order, then Internal order must be mentioned in the PO ( with account assignment as )

If the investment management is Active,

1. You can create the internal order with order type ( order type has the investmet profile etc).

2. Depending upon the customisation, AUC asset is automatically created after the Internal order is created with AUC Asset in the settlement rule.

3. The internal order is periodically settled to the AUC asset.

4. The balance onthe internal order must be made Zero before closing the internal order.

5. Create the final asset

6. Transfer the cost from AUC asset to the Final asset.

The automation and control is more in this case than the earlier one

Thanks

Siva

Thanks

Siva