Issue with Asset under construction account

Hi all, I hope you can provide some assistance.
We have a situation where:
Asset created FY09
Internal order created and assigned to settle to the asset. FY09
Goods Received. FY09
Internal order Settled FY09
Asset disabled FY09
Goods Receipt Reversed FY10.
Settlement re-run FY10 as part of normal EOP processing. (Order was not clsd)
Settlement document Reversed when mistake was realised.
The AUC GL account is now out of balance as settlement cannot occur fully on the closed asset.  The posting rules for the AUC account mean that you cannot post directly to AUC account.
Any suggestions or a transaction to synchronise the GL account for AUC with another P&L account would be appreciated.
Thanks  Doug

Hi there, thanks for your feed back. We didn't want to reactivate the asset due to issues with depreciation etc. So what we did was create a new asset and assign it to the internal order with a new settlement rule.  Then re- receipted goods inwards, settled and it all balanced correctly.

Similar Messages

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    N,
    Edited by: Naej on May 7, 2010 1:49 AM
    Edited by: Naej on May 7, 2010 2:13 AM
    Edited by: Naej on May 7, 2010 2:15 AM

    Please have  look at the SAP Note 7595 and check your settings against it.
    Besides, all the account assignment need to be maintained in AO90 for all assets class (including AUC)

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  • Accounting object to Asset under construction?

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  • Asset Under Construction Issue

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  • Error in dep run - Asset under construction

    Hi!
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    5) Trying to run AFAB again for period 2 but error message says that period 1 was terminated and that period 1 should be restarted.
    6) Trying to run period 1 again in AFAB with restart but error message says "Account 'Acc.dep. accnt.for ordinary depreciation' could not be found for area 01" and refering to all of the incorrect AuC that I have corrected (to no depreciation key)
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    Hi,
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  • Error in depreciation run - assets under construction

    Hi!
    Could someone please help me with the following:
    My customer has a large amount of assets under construction (AuC) and also other assets. None of the assets under consctruction should have a depreciation key (or depreciation key 0000) and no depreciation accounts are allocated in transaction AO93 for AuC . But my customer now has incorrectly created a few AuC (that should NOT be depreciated at all) with depreciation key LINK. What happened?
    1) Test run depreciation (AFAB) for all assets in period 1 during 2010. In test run no error log was created, everything looked fine.
    2) Executed depreciation in background.
    3) When looking at each of the assets in transaction AW01N I can see that all assets (both real assets and AuC with depreciation key) has depreciation posted in period 1. BUT, no depreciation has been posted in general ledger on any of the asset classes!
    4) I have now changed the depreciation key on all AUC in AS02 to 0000 so that no depreciation will be calculated.
    5) Trying to run AFAB again for period 2 but error message says that period 1 was terminated and that period 1 should be restarted.
    6) Trying to run period 1 again in AFAB with restart but error message says "Account 'Acc.dep. accnt.for ordinary depreciation' could not be found for area 01" and refering to all of the incorrect AuC that I have corrected (to no depreciation key)
    Please how can I go on? I want to reverse the depreciation in period 1 since I didn't get any posting i the general ledger. And then I want to make a new depreciation run only with correct assets (only depreciation on real assets, not on AuC).
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    Hi, Can you please how the issue is solved because i have the same problem which i need to resolve immediately. Please reply me as soon as possible
    with regards,
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  • AA-Asset ID Number from Asset Under Construction to Final Asset

    Hi Expert,
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    prashant rane

    Hi,
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    VG

  • 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
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    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
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  • Down Payment Posting in Assets Under Construction

    Hi
    In case of AuC, when we post the down payment, the standard Accounting entry created is:
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         To Asset Clearing A/c
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    regards
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    na

  • 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".
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    when i do the settlement to asset under construction from internal order it is showing bellow errow.
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    Message no. KD553
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    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

  • Down payments request for Asset Under Construction

    Hello Expert
    while Down Payment request  to vendors - for Asset Under Construction, system showing error.
    Contact your system administrator (table error)
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    Diagnosis
    No account has been entered for posting down payments in area 01 under the account assignment key IN95 (chart of accounts YAIN).
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    Enter the account using the Customizing menu.
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    Riten patel

    Dear:
                   First check in OAYB that have AUC class been specified for down payments and then go to transaction AO90 and maintain the GL account for depreciation are 01 under the Balance Sheet account in the field Acquisition: Down Payment. It will resolve your issue.
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  • Asset under construction flow

    Hi,
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    Thanking you.
    < For basic queries, refer to SAP Help or search the forums. Please respect forum rules. Thread Locked. >

    This is dependend how you want to use this.
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  • 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,
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