Hi Sattaiah
following are the Asset process goes as follows:
Scenario 1 :
When Asset is procured (AuC is purchased):
MIGO / FB60. : In above TCode debit will go to AuC. following are the a/c Entry passed:
AuC A/c... Dr
To GRIR A/c / Vendor A/c
Now when the asset is ready for capitalization:
AIAB - Define rule for Asset capitalization (i.e. AuC settlement to asset)
In this we have to give settlement reciever as Asset MAster in which asset needs to be capitalized/
AIBU - Settle the AuC. Here the accounting entry is passed.
Asset A/c.... Dr
To AuC A/c.
Scenario 2 : through internal order
Steps for creating investment internal order into AUC and finally into asset are as follows:
1. create internal order (KO04 or KO01)
2. complete budget for investment (KO22)
3. create assets (AS01), choose asset class for AUC and assign it to internal order 1
4. make posting for AUC based on AUC asset number (any Tcode for posting will do, use posting key 70)
5. when AUC was fullfledged, distribute AUC to Assets (AIAB)
6. finally, settle AUC to Assets (AIBU)
In this way asset is capitalized.
Hope this is helpful to you
Thanks
Trinath
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