Capital project settlement overall rather than by year

[simon_broome]

Hi

We have a capital project which has been settled to an asset under construction without any issues. The project has been completed and marked as technically completed. The 'final asset' has been created and the settlement rules on the WBS element updated. When trying to do the 'Full settlement' in CJ88 we get the error 'Acquisition value negative in area 01.' (AA617)

Looking at the transactions one WBS element has a negative balance for 2012 but overall has a positive balance.

We do not want to allow negative postings in area 01 as this is not recommended.

Is it possible to configure the settlement to do an overall settlement rather than a year by year?

Thanks for any tips / guidance.

[Former Member]

Look at the settlement rule and make sure it is FUL and not PER.

[simon_broome]

Thanks Ken, the settlement type for the settlement rule is set at FUL. In our sandbox I have allowed negative postings against asset acquisitions and can see that it is still keeping annual totals separate though. The system posts a credit to the asset for 2012 values and then a debit for 2013 values.