Asset Under Construction Settlement - transaction types 340 & 345

Hi all,
My understanding is that
a) If an Asset Under Construction (AUC) item is settled completely through transaction AIBU, then transaction type 345 is used to credit the AUC GL Account in asset accounting document
b) If an AUC item pertaining to previous fiscal year is settled completely through transaction AIBU in current fiscal year, then transaction type 340 is used to credit the AUC GL Account in asset accounting document
Please confirm if my understanding is correct.
Also, please clarify, which is the program or configuration which proposes transaction type 340 or 345 for AUC settlement accounting document. I understand that transaction type 340 or 345 can't be entered manually & they are automatically determined by the system at the time of settlement
of AUC through transaction AIBU.

Hello
The transaction types posted with AIBU are defined in the IMG:
Financial Accounting > Asset Accounting > Transactions > Intercompany Asset Transfers > Automatic Intercompany Asset Transfers > Define Transfer Variants
Transfer variant used in this case is number 6.
They are also used for settlement purposes. And it is really important their definition regarding dependant areas. As the revaluation area.
It is recommended that transfer variants 4, 5 and 6 do have as transfer method 4. You can check this information in the following SAP notes 300273 and 327088.
Regards
Javier Reviriego

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Asset Under Constructions - Settlement

Dear Gurus,
I am trying to do an Asset Under Construction - Settlement using T.Code AIBU, when i click on proceed, it gives me an error:
SYST: You cannot determine the period for rule 02 to 12/31/07
Message no. AA613
Diagnosis
The system could not determine depreciation periods on 12/31/07 for period control 02 of calculation key 0000.
What to do
Maintain the allocation of the periods for the period control you entered.
Proceed
If the period control you entered is a standard period control, you can set up the allocation of periods automatically.
Procecd
Could you guide me through this...
Thanks in advance for your help.
regards,
Raj

Hi,
Please check
Note 357375 - Settlement: AA613 for AuC intracompany transfer
There are two possibilities how to solve this problem:
a. Define period control 02 with Transactions OA84 or OAVH.
b. If you work with self-defined period controls, you can enter another period control instead of 02 in depreciation key 0000.
Rgds.

Asset Under Construction Settlement

Hi ,
Asset under Construction Settelement is it a month end activity ?
If it is a month end activity what are the reasons?
If it is not month end activity , why?
if Settlement is posible in between the period what are all the effects in sap?
Please reply me
Regards,
Laxmi

Hi
You can settle from AUC to Main asset at any time during the month and any no of times... No -ve consequences.. However, it is advisable to schedule it at month end... Other wise, you would be generating more no of docs due to multiple settlements to the same asset
However, if you are settling from an Internal Order to AUC / Main Asset - In that case prefer it to be a month end activity.....
Br, Ajay M

Assets under construction settlement

Dear Experts,
I set both G/L account and cost center as settlement receiver in settlement rule ,but when i was running AIBU ,i stil got error message as below ,
Account 51027000 requires an assignment to a CO object
    Message no. KI235
Diagnosis
    You have not defined a CO account assignment for an account that is
    relevant to cost accounting.
System response
    Account 51027000 is defined as a cost element.
    This means that you must always specify a CO account assignment.
Procedure
    Enter one of the following CO account assignments
    o   Order
o   Cost center / cost center/ activity type
o   Sales order item (for a project or cost relevant)
o   Project / WBS element
o   Cost object (Process manufacturing)
o   Network/ Network activities
o   Business process
o   Profitability segment
o   Real estate object
The posting row affected is 0000000004, account 51027000.

Normal it takes the cost center you have added in the asset masterdata.
In some cases you have to assign a default cost centre with OKB9

Settlement of WBS element down payments to an asset under constructions

The down payment (of the transactions tcode F-47 and tcode F-110), are
always settlement wbs element (tcode CJ88), we do not want to post down
payments to the receiving asset under construction (transaction type
180 or 181).
In the down payments are always taken into account in the settlement to
an asset. The settlement of the down payment is the actual reason for
the previous update of down payments in FI (Transaction type group
15). Furthermore, the settlement of down payments to assets should
not be capitalize.

When you search on this forum try to put Date range "ALL" to get more results. Please read below threads and you will get the solution.
MIRO:Transaction in area 15 contradicts the net book value rule
Transaction in area 01 contradicts the NBV
Looks like you have a negative balance in your WBS which you are trying to settle to FA.

Settlement of an Internal Order to Asset Under Construction

We are running SAP 4.7 and Iam trying to settle an Internal order to AUC and I get the following error
You cannot use this transaction type to post to this asset
Message no. AA834
Diagnosis
The transaction type entered belongs to transaction type group 15. According to the specifications for this transaction type group, posting with transactions types belonging to this group are only allowed in specific asset classes (for example, asset classes for assets under construction).
The asset to which you are posting belongs to class 18000 (chart of depreciation SEEF). You cannot post to this class using the transaction type you have entered.
Procedure
Check the asset number entered. You may want to allow posting with this transaction type group for the asset class of the asset.
**Please take note that the costs which have come on the internal oder are through GR( Goods receipt) and not down payment. Also note that last month, the order settled without any problems!**

Hi,
thanks for your answer.
I want to do that because of some french tax rules.
These rules say that goods, hours or services produced internally for the contruction of an asset can be "delivered" to itself.
So you can register output tax based on the value produced but you have also to register input tax for the same amount.
Finally the balance for VAT amount is 0.
I was interested to know if that was possible to automize. If not, there is still the possibility to make a separate postings at month end or year end.
Best Regards

Asset Under Construction(AUC),During month end settlement run(via KO8G)

Hi Guys ,
please hlep on this AUC :
During month end settlement run (via tcode KO8G), if there are -ve (credit) values to be settled to an Asset Under Construction (AUC) asset which does not have sufficient +ve value in the current FY, the settlement run will prompt an error message "Balance for transaction type group 10 negative for the area 01". The TT posted via the settlement run is TT115. To get around, user has to raise a manual journal (via doc type AT) to post the -ve value to the same AUC asset via TT101. TT 115 and 101 are configured differently (see attached).
Since the Fixed Assets system does accept credit posting to AUC via a journal, is there a solution to make posting go through via the settlement run?
Regards,
Narra

You can settle the AUC value in one period and posting can be made in another period. in the same you can give the different asset value date in KO88 screen. The only limitation is this possible only if the fiscal year is same.
Give the asset value date as 15.07.2007 in KO88
Hope this will work
Radha

Settlement from internal order to asset under construction

HI All,
I have allocated some labors hours cost from production cost centers to real order which is created for allocating the internal cost to asset under construction.
when i allocate the labor hours by using the "KB21N" it has used the secondary cost element that is "Internal activity allocation" cost element "1200002".
i have given the source cost element "1200002" which is created as "internal activity allocation" and in settlement cost elements folder i have given receiving category is "FXA" and selected by cost element check box. i selected required entry field in settlement profile and assigned in order type.
when i do the settlement to asset under construction from internal order it is showing bellow errow.
"Settlement by cost element not possible due to secondary cost element
Message no. KD553
Diagnosis
You want to settle the secondary cost element 1200002 by cost element to an asset or G/L account, which is not allowed.
Procedure
Extend your allocation structure R3, so that secondary cost elements are not settled by cost element, but with a settlement cost element."
please let me know the problem and where i did mistake. give me the solution
thanks in advance
Mr.Rao

HI,
in your allocation structure R3 you entered in the view "Settlement cost element" that settlement receiver categoy FXA receives values "by cost element". This is only possible for primary cost elements. For internal activities do not tick "by cost element" but use a settlement cost element with cost element category "22".
best regards, Christian

Settlement of Asset Under construction

Hi Folks
Can someone please explain an overview of settling Assets under construction. I am having some issues with AUC. The actual value of asset is being taken from AUC, not from final asset. Any kind of assistance will be highly appreciated.

Hi,
The Below are some important Steps.
1. T.code KO88 - Here you settle Expences to Settlement cost Elements via internal Order or Cost Centers. Give the Settlement rule and by tht Expences will be distrubuted or settled to SCE..
2. In AIAB T.code -Here Distrubution is done from Settlement Cost Elements to AUC, Here settlement rule is defined as such.
3. In AIBU T.code - Here Settlement if Cost from AUC to Actual Asst is Done.
after AIBU Transcation is Processed, you can directly run the Deprecation for tht Asset.
Hope the above would Help in Understanding the Concept of AUC Settlements.
Thanks
Goutam

Settlement of Assets under Construction - Error Message

Dear Friends,
In one of the Co, Codes we are using the Category FXA to settle the assets under construction and when we define the Asset No. in the Settlement Receiver, the system gives the error message " Receiver Categ. G/L is not allowed by Settlement Prof. AI for this sendor". Message No. KD031.
It is not understood why the system is referring to the GL when we are putting in the Asset No. as the Settlement Receiver. However, in other Company Code we are not facing this problem. What could be the issue and what do we need to check.
Thanks for the help.
Regards,

Hi Raj
posting to Asset, also posts to FI-GL i.e. the recon account.. hence, system might be asking to allow GL
If your settl receiver is FXA, settlement will be made to that only.. Dont worry on that front
Regards
Ajay M

Asset under Construction for Investment Measures

Hi all
This is my client requirement
how to do asset under Construction for Investment Measures
configration
pls send configration

Hi
These are the steps to be followed:
1. Create a asset class for CWIP (Auc) - OAOA: In this select Investment Measure under Status of AuC.
2. Define Investment Profile (OITA) - Give AuC Asset class as invest measure asset class.
3. Create Internal Order Type for Investments: Normally standard 0650 order type will take care of the requirement. We need not to create anything.
4. Create Asset (AS01) under normal asset class i.e., buildings or vehicles etc... (You cannot create under AuC Asset Class)
5. Create Internal Order (KO01): Give Object class as investment and under Investments tab give investment profile created in step 2.
Go to settlement profile tab and give category as FXA and settlement receiver the asset no. and give 100%.
6. Change asset master to incorporate the internal order number under Origin Tab. Give no. in Investment order field.
7. Release the Internal Order (KO02)
8. Post the transactions through different T.Codes by referring Internal Order as account assignment.
9. Go to Internal Order through KO02 and complete TECO under control data.
10. Go to T.Code KO88 (internal order settlement) and settle the order.
Hope this will help you.

Steps for completing Asset under Construction

hi,
i have created the AUC asset class with line settlement checked.
will somebody be kind enough to show me the futher steps involved in customization along with postings and settlement procedure....
regards
sayeed

Hi,
You can manage the asset under construction in the system in two different ways, depending on the types of functions that you need. The asset under construction can be either a normal asset record, or a master record with line item management. As a result, the transfer from the asset under construction to completed fixed assets can be handled in one of two ways:
·        Summary transfer from a normal asset master record to the receiver assets (transaction type 348/349)
·        Line item settlement of an asset under construction that has line item management
The Investment Management (IM) component is recommended for handling large-scale capital investments. Using the IM component, you can manage a capital investment in parallel: for financial accounting purposes as an asset under construction, and for controlling purposes as an internal order or project. For more information, see the documentation for the Investment Management component.
Assets under Construction Without Line Item Management
The procedure corresponds to the procedure for the transfer between two assets within the same company code (see Posting the Splitting or Moving of an Asset). Before carrying out a full transfer of an asset under construction, you have to reverse any down payments that were posted in the current fiscal year. Down payments are ignored for a partial transfer.
Special transaction types for the transfer of assets under construction allow for transfers to be displayed in the asset history sheet as acquisitions to fixed assets.
Assets under Construction with Line Item Management
In the FI-AA component, you can accumulate costs under purely technical aspects in an asset under construction. You do not need to consider the later creation of fixed assets at this point. During the construction phase, you can accumulate all acquisitions for an investment in a single asset. These acquisitions include
·        External activity (acquisition from vendor)
·        Internal activity (internal order)
·        Stock material (withdrawal from warehouse)
in a single asset. When using this 'collective management' of assets under construction, it is possible to manage the individual acquisitions as open items over the course of several fiscal years. At completion, the line items must be cleared and then distributed to the various receivers. The system activates open item management when an asset under construction is created, if you set the corresponding indicator in the asset class. In addition, you have to assign a settlement profile to the company codes involved, in Customizing for Asset Accounting, in order for the line item settlement to work (see Define Settlement Profile in the Implementation Guide). The main function of the settlement profile is to specify the allowed receivers (such as, assets or cost centers).
Hope this helps you. Let me know if you need any other information.
Rgds
Manish

Asset Under Construction Functional Inputs

Hello,
I need some inputs in Asset flow.
I need to moel a planning cube on an existing Asset cube.
I only need to load asset numbers which are still under construction to the planning cube not the ones which are settled.
So, can anyone help how to identify Asset numbers which are still under construction?
I read somewhere, it depends on the Transaction types. But I am not very sure.
Any help would be appreciated.
Thanks.

Hi,
Try to compare and analyse the data for distinction between asset under construction and assets settled.
Try to analyse the characteristics use in provider and compare 2 set of data(under construction and settled).Hope this helps
https://help.sap.com/saphelp_46c/helpdata/en/4f/71e7cd448011d189f00000e81ddfac/content.htm
Regards,
Akshay

Assets under Construction - non budget relevant

Hi All
When trying to settle assets under construction using tx code AIBU, the system checks for budget. How can we make this a non budget relevant transaction? We have tried maintaining table V_FM_TABW via tx code SM30 transaction type 346 but no joy.

Dear Ivonne,
Depending on the release you are, you can choose between tx code AO73, and flag as "budget relevant" not active or checking note 736914.
regards, Noemí

New Depreciation Area in Asset Master Data, for assets under construction.

Hi,
The issue is relating to New Depreciation area. We have created new Depreciation area as 80=IFRS. We had followed three steps
1. Create Depreciation area via OADB.
2. Activate Depreciation area via OAYZ.
3. Automatic opening of new depreciation are via AFBN and program RAFABNEW :-
3.1 u2013 Indicator: Leave values initial = ticked. Set this indicator if you want to open the newly created depreciation area without any values i.e. blank.
In this we have find that the old assets value has been copied. But when we are doing internal order settlement through KO88 i.e. from pre-cap to AUC we are not finding new Depreciation area 80=IFRS in AUC. We had checked in AW01N.
Letu2019s assume that creating a new deprecation area is normally not required since these assets are not depreciated. But During the final settlement, the new depreciation area should also automatically supplied with values from the reference depreciation area from the AUC(assets under construction) in the completed assets. But we doesnu2019t find any values of in Dep Key = 80 IFRS for final assets.
In Assets Class of AUC we had used Investmnet Measure as Status of AUC.
Kindly provide solution for the same.
Nikhil

Check Transfer Variant 5 (under Transactions->Intercompany Asset Transfers->Automatic Intercompany Asset Transfers->Define Transfer Variants):
5     Investment measure settlement
Your Transfer Method is most likely 1 now (without transfer to dependant areas), change it to:
4     Gross method with transfer of values to dependent areas
This should help.

Asset Under Construction Settlement - transaction types 340 & 345

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