Donwpayment on WBS element is open

[Former Member]

Dear all,

We have posted a downpayment to the WBS element. Now we want to do the settlement for the WBS element. Invoice has not yet received. So we are not able to clear the downpayment with the invoice. downpayment is open. But somehow, we have to do the settlement for the WBS element.

Kindly suggest how it can be done.

Regards,

AR

[former_member203108]

What is your problem?...are you not able to settle? or do you get any error?....please give some more details

[Former Member]

Dear Ahmed,

We are trying to settle the values from WBS to final assets(not AUC).

Point no:1: Downpayment exists for the WBS

Point no:2: Invoice has not yet received.

Point no:3: need to do the settlement to transfer the values from WBS to final asset(which has the downpayment which is not cleared against any invoice)

The error message we are getting is as follows

"You cannot use this transaction type to post to this asset"

Message no. AA834

Diagnosis

The transaction type entered belongs to transaction type group 15. According to the specifications for this transaction type group, posting with transactions types belonging to this group are only allowed in specific asset classes (for example, asset classes for assets under construction).

The asset to which you are posting belongs to class 20201000 (chart of depreciation 1000). You cannot post to this class using the transaction type you have entered.

Procedure

Check the asset number entered. You may want to allow posting with this transaction type group for the asset class of the asset.

[former_member203108]

As error message suggests, the asset class should allow transaction type 15. You may search Asset accounting forum with that message you will get lot of threads on this error.

[Former Member]

In transaction OAYB assign the Asset class for AUC to transaction type group 15 in your chart of dep.

Hope this helps

Sarang

[Former Member]

AR,

In addition to Sarang's suggestion also check in the transaction AO90, for the AUC class a down payment clearance account must be specified, if not create a new G/L account and assign it.

Regards,

Praveen