Entering Account Assignment for Blanket Settlement (Full Settlement)

Procedure

  1. Choose Start of the navigation path Master data Next navigation step Order End of the navigation path or Start of the navigation path Single element Next navigation step Change End of the navigation path .

  2. Enter the order or WBS element.

  3. If necessary, create the receiving asset. Choose Start of the navigation path Extras Next navigation step Create completed asset End of the navigation path . The system then automatically creates a 100% full settlement rule with this asset as the receiver.

  4. If you need to make changes to the settlement rule the system created automatically, choose the Settlement rule function.

  5. Enter additional receiving assets, the percentage rate (or equivalence number) and settlement type FUL. Enter receiver type FXA (= fixed asset).

Note Note

In order to make corrections, you can also settle to CO receivers (such as cost centers) at the time of the full settlement. This can be useful, for instance, for 'dry hole costs,' that is, amounts were assigned to assets under construction but later are registered as expense. However, this only applies to costs in the current fiscal year, not for prior years.

End of the note.