AUC Order Settlement

[priyadarshan_behera]

Dear All

      I am following the below process for AUC related Asset.

For any AUC expenditure (Suppose Building), first creating an Order & in that order booking all the costs relevant to that AUC. At the month end i am settling that order to AUC asset.

But in some cases i am facing an error that "Balancing field profit center in line item 007 not field"

This error is happening when ever the store dept using that Order in making PO & there is some advance payment exist against that PO .

My service provider is telling that in AUC asset master maintain the default cost centre to remove this error. It is working fine , but my question is till the time i am not fully capitalizing the same how i will create cost centre.

Please provide me some solution.

Very Urgent

[Former Member]

Dear Priyadarshan ,

Actually AUC Settlement process is like:

Create internal order (ko01)

Post transactions to Related Internal Orders

Settle Internal Order Postings to AUC

and

Final settlement with AUC to Fixed Asset .

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You are getting the error when you are settling the costs to IO to AUC ..so , you have to maintain cost center in that settlement AUC .

in cost centers we assigns profit center.

Hope you get the solution

Thanks

ssrao