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Asset Under Construction Expenses

sridhar_muthekepalli3
Active Contributor
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342

Dear Friends,

My Client is in the process of construction of building.He is incurring expenses like labour charges, cement and other building material.

For Construction of building, creation of assets under consutrction is necessary

How to account for expenses incurred in construction of a building.

What is the process and what t.codes have to used.

All the help will be greatly appreciated.

Regards

Sridhar

Accepted Solutions (1)

Accepted Solutions (1)

former_member1290459
Active Participant
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HI

You can capture the AuC Cost using any of the below procedure :

"IO as IM" section in the step - 9 create desired asset master (plant)

"AuC using line item settlement" section in the step - 8 create desired asset master (plant)

Internal Order as Investment Measure:

1. Define the AuC Asset Class (with investment measure) - OAOA

2. Define the Asset Class u2013 for Main Asset - OAOA

3. Define Investment Profile - OITA

a. Assign the AuC Asset Class (Step-1) in the investment profile

4. Assign Investment Profile to Model Order - OITA

5. Define Order Type (Investment) - KOT2

a. Settlement Profile - OKO7

b. Maintain Allocation Structures - OKO6

c. Planning Profile - OKOS

d. Budget Profile - OKOB

6. Create an Internal Order - KO01

a. With the Investment Profile (Step-2)

b. AuC automatically created by the system using Asset Class given in the Investment Profile

7. Post the amounts to IO - FB01

8. Settle the amounts to AuC from IO (Prcg type: Automatic) - KO88

9. Create the Main Asset - AS01

10. Settle the amounts to Main Asset from AuC(Prcg type: Full) - KO88

AuC using Line Item Settlement:

1. Define the AuC Asset Class (with Line Item Settlement) - OAOA

2. Define the Asset Class u2013 for Main Asset - OAOA

3. Define Order Type (Overhead) - KOT2

4. Create an AuC-Asset (using Step-1 Asset Class) - AS01

5. Create an Internal Order - KO01

a. Assign the AuC u2013 Asset in Settlement Rule in IO

6. Post the amounts to IO - FB01

7. Settle the amounts to AuC from IO - KO88

8. Create Main Asset (using Step-2 Asset Class) - AS01

9. Assign the Main Asset in IO (Step-5) - KO02

10. Settlement AuC u2013 Line Item List - AIAB

11. Settlement AuC - Receiver - AIBU

SKS

Answers (1)

Answers (1)

former_member375980
Active Contributor
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