Menu Skip to content Home Income tax Startups FICO Finance Career AUC Settlement In Asset Accounting August 14, 2013 | FICO AUC stands for asset under construction. In a business there can be instances where the company will be building assets on a regular basis and asset may take more than one year to build. SAP has the flexibility handling these type of situations. Define Distribution Rule For Your AUC Settlement AUC in asset accounting can be settled line item wise. To settle AUC line item wise you use transaction code AIAB or following path; SAP Menu > Accounting > Financial Accounting > Fixed Assets > Posting > Capitalize Asset u. Const. > AIAB Distribute Enter followings from the settlement AUC: initial screen; Company code Asset Sub number Layout and additional area Now execute the transaction. You will get line items. By selecting a line item you need to click on enter. From maintain settlement rule screen you need to enter the category, settlement receiver, percentage and from to. Based on this rule AUC will be settled. For category you need to select fixed assets. Press enter And now to click on save to save the distribution rule. How To Run Settlement Of AUC AIBU Now its time to settle the AUC. To settle a AUC use transaction code AIBU or following path; SAP Menu > Accounting > Financial Accounting > Fixed Assets > Posting > Capitalize Asset under Construction > AIBU Settle From the auc settlement: initial screen enter followings; Company code Asset Sub number Document date Contact Us Disclaimer AUC settlement in asset accounting - Your Finance Book file:///C:/Users/B COMPANY/Desktop/SAP Study Mat/TDS/AUC settlem... 1 of 3 2/9/2014 11:15 AM Google+ Abhi M WHY DIFFERENT POSTING KEYS FOR SUB LEDGERS CAN WE CREATE OUR OWN POSTING KEY Every day more than thousand financial documents are created and posted in sap. To get these transactions posted into sap, HOW MANY POSTING PERIODS CAN BE KEPT OPEN AT A TIME IN AN ORGANIZATION Ledgers and sub ledgers are kept open for posting of your financial transactions into sap. However, to avoid incorrect posting Asset value date Posting date Posting period Do test run before your real run for the transaction. Now execute it. After getting satisfactory results for your AUC settlement in test mode you have to deselect the test run and do a real run. After your real run you will get a message that the document has been posted successfully. To run a line item settlement you must first decide to which fixed asset you are going to post all these. How To Reverse Settlement Of AUC In SAP Asset Accounting You can reverse your AUC settlement by using transaction code AIST or following path; SAP menu > Accounting > Financial Accounting > Posting > Reverse Document > AIST Capitalize Asset u. Const. From the reversal of settlement of AUC: initial screen you need to enter followings; Company code Asset Sub number Document date Posting date Posting period Document type AA Run the transaction in test run first and after getting satisfactory result you need to re run the transaction without selecting the test run. After execution save the transaction to post the document. You will get a message stating document number has been posted. With the reversal of AUC settlement you re post the transaction that has already been posted through settlement back to the AUC. Leave a reply Recent Articles Leave A Reply Your email address will not be published. Required fields are marked * Name * Email * Website Comment
Please type the characters of this captcha image in the input box You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong> Notify me of follow-up comments by email. 7 AUC settlement in asset accounting - Your Finance Book file:///C:/Users/B COMPANY/Desktop/SAP Study Mat/TDS/AUC settlem... 2 of 3 2/9/2014 11:15 AM Notify me of new posts by email. What Others Are Reading? How to create assessment cost element in SAP CO Different segments of customer and vendor master SAP FICO Opening and Closing Posting Periods in SAP FI Field Status Group in SAP FICO Transaction Code for Project System Module Recent Posts TDS On Property Sale In India Section 194IA Mr. P Chidambaram has introduced section 194IA in the budget 2013-2014. With the introduction of sec[...] ADR Understanding American Depository Receipt ADR is an acronym for American Depository Receipt. Its actually an instrument which is issued by a [...] GDP How Gross Domestic Product Is Measured GDP or Gross Domestic Product is an indicator to measure the economic production and growth of a cou[...] Why Different Posting Keys For Sub Ledgers Can We Create Our Own Posting Key Every day more than thousand financial documents are created and posted in sap. To get these transac[...] How Many Posting Periods Can Be Kept Open At A Time In An Organization Ledgers and sub ledgers are kept open for posting of your financial transactions into sap. However, [...] Popular Posts All about your PAN Card What is TDS All about TAN What Is SAP Systems Applications and Products in Data Processing Copyright Your Finance Book Back to Top AUC settlement in asset accounting - Your Finance Book file:///C:/Users/B COMPANY/Desktop/SAP Study Mat/TDS/AUC settlem... 3 of 3 2/9/2014 11:15 AM