Settlement of proj cost to AUC and final settmnt to f.asset for closed proj

[Former Member]

Hi PS Experts,

If the project (Investment Projects) has been closed and AUC has been fully settled to final asset but in some cases they still received invoices for the same project.

Would it be correct if they undo closed and undo teco the project and charge the cost to related WBS elements and settle to AUC then proceed to fully settled to a new fixed asset ? SInce the previous fixed asset has been depreciated, i guess we should create totally new asset to settle this new cost.

Please advise.

Thanks and regards,

Yuzeila

[virendra_pal]

yes it is fine to do that from a system perspective

choose full capitalisation in transaction CJ88

also make sure that the settlement rule to the final asset is entered on the WBS

you need to check with your FI guidelines about asset value dates etc to check about the business perpspective

As an alternative - It would be OK to create a sub asset with new asset value dates and use this sub asset in the settlement rule