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Commitment Item settings for Fixed Assets

Former Member
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Hi FM experts,

Could you please help me with the setting of commitment items for Fixed Assets (I found information around that, but not specific to Fixed Assets).

In Asset Accounting, we are using the following types of G/L Accounts and I have tried to identify the Commitment Items settings:

Description
  of G/L Acount
G/L TypeReconCI Fin TransCI CategoryCI Statistical
Acquisition of final assetBalance SheetAssets303No
Acquisition of asset under constructionBalance SheetAssets303No
Down payment for asset acquisitionBalance SheetAssets503No
Acquisition through investment measureBalance SheetAssets??No
Down-payments clearing accountBalance Sheet 503No
Offsetting account for asset acquisitionBalance Sheet 501No
Accumulated depreciationBalance SheetAssets303No
Asset revaluationBalance Sheet 303No
Offsetting account for asset revaluationBalance Sheet 503No
Gain from asset saleRevenue 502No
Revenue from post-capitalisation of asset (used to offset the
  correction of the acquisition value)
Revenue 502No
Clearing account of asset sale revenue (used to offset the asset
  sale revenue and calculate the gain and loss)
Revenue 503No
Depreciation write-upRevenue 502No
Depreciation expenseExpense 503No
Loss from asset saleExpense 503No
Loss from asset scrapping/retirement without revenueExpense 503No
Cost element for settlement of AuC to CO objectsExpense 303No

Please help me confirm/complete/correct this tab.

Thanks a lot!

Accepted Solutions (1)

Accepted Solutions (1)

iklovski
Active Contributor
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Hi,

It's very simple: those accounts for which you want to control budget and create FM documents should be defined as 30/3, all others - 50/1.

Regards,

Eli

Former Member
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Hi Eli,

thanks a lot for your reply.

After reading "Example: Transferring Posting Data from Asset Accounting - Funds Management - SAP Library", I thought it would be more complicated than that (G/L which points out to different commitment items depending on the situation, commitment items which should be declared as statistical or not, etc.).

I am trying your simple rule then and hopefully it should be fine!

Regards,

Olfa

iklovski
Active Contributor
0 Kudos

It, indeed, sounds complicated, but if you read carefully the text, then you would realize that they say exactly the same thing eventually

Answers (0)