How can we explain the process from project system to final asset

Dear masters,
how can we explain from project system to final asset flow in the configuration level.
thanks
Moderator: Please, refer to basic SAP material

Hi,
Project & its related WBS will be initial cost collector (i.e invoices are booked against them). Once the status of Project/WBS is set to tech complet and AUC is assigned in the settlemnet rule. That particular asset record will recive values when we run the suttlemnets.
This is an broad line view. Specific will depend on case to case.
Thanks
Vaibhav

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How can we explain the process from project system to final asset

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