PS Settlement to Final Asset

[Former Member]

Hi,

Please explain to us how we do the settlement to final asset in PS. Thank you.

[ansar_shaikh2]

So in short

u2022 When you want to settle to AUC use the distribution rules with settlement type AUC (generated by system) & processing type periodic.

u2022 When you want to settle to FXA you should use the settlement type Full & processing type partial capitalization / automatic.

However the processing type Full settlement is used for the settlement rules with distribution rules of settlement type PER (Periodic) only, in to check weather the balance still exists in the object after the settlement due to debits to previous periods.

So, don't get confused with settlement type FUL (full settlement) & processing type Full settlement. (Processing type full settlement has nothing to do with AUC)

Regards,

ANSAR

[Former Member]

We did as you advised, however, we encountered an error which states "Settlement of Old Asset Data to Receiver Type G/L Not Allowed".

What shall we do with this?

[Former Member]

During final settlement WBS element in the current year, it is only possible to settle the annual values from previous year of the AUC to final assets and not to GL account as your trying to do.

If you still wish to continue, change the error (AW607) message to warning message use T code OBA5.

Regards

Sreenivas

[Former Member]

.1 Create asset using transaction AS01 and maintain settlmenet rule for WBSE with asset as reciever. OR

.2 Assign investment profile to WBSE, after releasing the project AUC is created. by periodic settlement cost is settleled to AUC. for final settlement create completed asset for WBSE and set WBSE status TECO. after final settlement AUC cost and cost on WBSE is settled to Final Asset.

Sudhir