Hello guys we are doing the asset capitalization of WIP asset into main asset is their any procedure to capitalize the asset
the procedure we are following is as below
Creation of Asset with AS01 entering the required details
Asset master records window will open and will show the Tabs like General, Time dependent, Allocation, Origin, Income Tax Dep, Dep areas, fill all the details in above tabs
the we will run the project settlement with CJ20N
enter the WBS element
Click on edit----- cost-------- settlement rule
Update the settlement rule
click on save after this your project settlement number will be created
Then run the T.code CJ88
We will do the actual settlement of the asset
Enter the project settlement number in the WBS Element row
Fill the parameter filed as required
process with Test run and execute it
After that click on back and remove the Test run button
your asset will be capitalized & detail list of settled value will be shown
In the above tab click on the accounting document
Your accounting document will be visible which is showing the entry of asset capitalized
this is what the procedure I know if you want to add any additional information kindly reply me on this discussion
Looking forward for your valuable replies
or my Email ID : arjun.25sep@gmail.com
Thanks & Best Regards,
Arjun Mathur