AUC down payment

Question

Hi.
I am configuring the AUC with downpayment.
I want to know the configuration steps for AUC down payment.
Also request you to let me know the importance of GLs for AUC down paymnet in AO90 step.
Regards,
Padmavathi

Answer 1

Hi.
I have done the following configuration steps for AUC downpayment. Can anyone confirm whether anything more required to be done. Are these entries correct.
Configuration steps:
1. Minimum configuration required for AUC asset (AUC asset class, AUC asset master)
2. Assignment of GL accounts (AO90). Here i have assigned the AUC acquisition GL account, AUC down paymnet GL account and AUC clearing GL account.
3. OAYB - Transaction type group selection. Here i have given AUC asset class for transaction group 15.
End user Area:
1. Vendor Down payment request (F-47)
Entry : 39A Vendor with spl GL Cr (Noted item) Rs 7700
2. Vendor Down payment (F-48)
Entry: Journal entry entered
29A Vendor Special GL Dr 7700
50    Bank                       Cr 7700
Journal Posted:
50      Bank                                     Cr 7700
29A    Vendor dpecial GL               Dr 7700
70       AUC Down payment Asset  Dr 7700
50       AUC Clearing A/c                   Cr 7700
3. Asset acquisiton invoice posting (F-90)
70    AUC Asset     Dr 18000
31    Vendor           Cr 18000
4. Clearing Vendor down payment (F-54)
39A Vendor Special GL Cr 7700
26    Vendor                    Dr 7700
75     AUC down payment  Cr 7700
40     AUC clearing GL        Dr 7700
5. AUC settlement (AIAB) . Here i am selecting the down payment clearing line items along with AUC asset line item and giving the distribution rule to settle to main asset.
6. Final settlement (AIBU)
75  AUC asset  Cr 18000
70  Main Asset  Dr 18000
7. Clearing of AUC clearing GL account.(F-03)
8. Clearing of Vendor line items (F-44)
Regards,
Padmavathi