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ABAP Objects How are Capital Work in Progress and Assets accounted in SAP?
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How are Capital Work in Progress and Assets accounted in SAP?
michael_fico Fri Mar 23, 2012 5:56 pm
Capital WIP is referred to as Assets under Construction in SAP and are
represented by a specific Asset class. Usually depreciation is not charged
on Capital WIP.
All costs incurred on building a capital asset can be booked to an
Internal Order and through the settlement procedure can be posted onto
an Asset Under Construction. Subsequently on the actual readiness of
the asset for commercial production, the Asset Under Construction gets
capitalized to an actual asset.
represented by a specific Asset class. Usually depreciation is not charged
on Capital WIP.
All costs incurred on building a capital asset can be booked to an
Internal Order and through the settlement procedure can be posted onto
an Asset Under Construction. Subsequently on the actual readiness of
the asset for commercial production, the Asset Under Construction gets
capitalized to an actual asset.
michael_fico- Posts : 163
Join date : 2012-03-23
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