asset acccounting

[Former Member]

hi fi experts

can anybody tell me how asset accounting will be integreate to the project system

can u pls give me the clear information

regards

venkataswamy

[Former Member · Accepted solution]

Hi Venkataswamy

The integration is that you collect the cost for an investment on a Project (WBS) in the project you can do budgetcontrole. You create (from the project) an asset under constuction.

Every month you run a settlement for investment projects, this is then settled to the asset under construction. When the project is completed you can do a settlement from rhe AUC to the final asset and close the project.

Based on the coselents it is possible to to post a part to an AUC and an other part to costs..

Paul