Settlement of Asset under Construction
Q: 1) Do you wish to manage "Assets under construction" in Asset Accounting? If yes, describe the capitalization process.
Yes, it will flow from PS
Explanation:
Q: 1) Classic asset under construction or investment measure
A:
Q: 2) What is the timing for the capitalization process?
A: Immediately upon transfer to use
Q: 3) With respect to capitalization, are you bound by specific laws?
A: [ ]Yes
[x]No
Q: 4) Is it possible that an asset under construction is capitalized as a low value asset?
A: Not possible now
Q: 5) Do you intend to use summary settlement or line item settlement for assets under construction?
A: Facility
Q: 6) To which receiver(s) do you settle assets under construction?
A: Asset
Q: 7) Do you use partial capitalization?
A: [x]Yes
[ ]No
Q: 8) What kind of information flow do you have for when an investment measure is completed and the asset under construction is ready for settlement to the final asset?
A: Technical completion
Q: 9) Do you display down payments to assets under construction separately?
A: [x]Yes
[ ]No
Q: 10) What kind of information flow do you have for the settlement of down payments?
A: BG related information
Post-capitalization
Questions:
Q: 1) What circumstances make post-capitalization necessary in your enterprise?
One amount on the asset should have a different depreciation start date than the original asset.
Explanation: For example: Someone neglected to capitalize an asset (if so, for what reason?) - One amount on the asset should have a different depreciation start date than the original asset - Other.
A: Delays in capitalization should have facility to capitalize
with retrospective dates.
Q: 2) How do you intend to post post-capitalization: - Gross, that is, with historical values (APC and depreciation)- Net, that is, depreciation begins on the posting date using the net book value.
A: No
Q: 3) Do you want to post to a separate sub-number for post-capitalization?
A: Not required
Write-up
Questions:
Q: 1) Do the value of your assets appreciate, and if so, do your ledgers need to be adjusted?
A: It is possible
Q: 2) Describe the reasons for a fixed asset revaluation, the process used, and give examples of the assets which are to be revaluated.
A: If there is one, it will be based on professional technical
valuation and done periodically
Reposting
Questions:
Q: 1) Is it necessary to transfer assets from one company code to another?
N/A now
Explanation: Settings for company code transfer
A:
Q: 2) Do you sometimes split an asset into one or more new assets? If so, please specify.
A: N/A now
Q: 3) Do you transfer between different asset classes? Give examples.
A: N/A now
Q: 4) Is the changing of an assigned cost center or a business area, for example, a reason for a transfer posting?
A: N/A now
Q: 5) How do you find out about necessary transfer postings in asset accounting?
A: N/A now
