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    Settlement Receiver - SAP Documentation

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    Omprakash
    Settlement receivers define where costs from an order are allocated. Common receiver types include cost centers, work breakdown structure elements, other orders, general ledger accounts, materials, and asset under construction (AuC). Costs are initially collected on the order and then settled to individual receivers in a separate step. Receivers like fixed assets, materials, and AuCs increase in value when costs are settled to them. Costs can be flexibly settled between different order, cost objects, and accounts for funds management, project planning, and asset accounting purposes.

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    Settlement Receiver - SAP Documentation

    Uploaded by

    Omprakash
    100 views2 pages
    Settlement receivers define where costs from an order are allocated. Common receiver types include cost centers, work breakdown structure elements, other orders, general ledger accounts, materials, and asset under construction (AuC). Costs are initially collected on the order and then settled to individual receivers in a separate step. Receivers like fixed assets, materials, and AuCs increase in value when costs are settled to them. Costs can be flexibly settled between different order, cost objects, and accounts for funds management, project planning, and asset accounting purposes.

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    Settlement receivers define where costs from an order are allocated. Common receiver types include cost centers, work breakdown structure elements, other orders, general ledger accounts, materials, and asset under construction (AuC). Costs are initially collected on the order and then settled to individual receivers in a separate step. Receivers like fixed assets, materials, and AuCs increase in value when costs are settled to them. Costs can be flexibly settled between different order, cost objects, and accounts for funds management, project planning, and asset accounting purposes.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    100 views2 pages

    Settlement Receiver - SAP Documentation

    Uploaded by

    Omprakash
    Settlement receivers define where costs from an order are allocated. Common receiver types include cost centers, work breakdown structure elements, other orders, general ledger accounts, materials, and asset under construction (AuC). Costs are initially collected on the order and then settled to individual receivers in a separate step. Receivers like fixed assets, materials, and AuCs increase in value when costs are settled to them. Costs can be flexibly settled between different order, cost objects, and accounts for funds management, project planning, and asset accounting purposes.

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    Settlement Receiver

    Definition
    Receiver of the costs which arise from the processing of an order.
    The receiver of the costs is identified by the receiver category (for example, "cost center") and the receiver key (for example, "511").

    Use
    The receiver types that can be used include:

    Fixed asset

    Cost center

    Work breakdown structure element (WBS element)


    Order
    G/L account

    Material

    Asset under construction (AuC)

    You can see a list of receiver categories if you choose


    Settlement receivers
    on the selection screen for list editing of an order.
    Irrespective of which receiver category you have chosen, the costs are initially collected on the order and then settled to the individual
    receivers in a separate step.
    Fixed Asset

    You can settle the costs to a fixed asset and thereby increase its value. For this, you must specify a reference date in the settlement rule.
    The fixed asset might be the one to which all the objects assigned to the order belong.

    Cost Center
    You can settle the costs to the cost center of the reference object. However, you can also settle the costs to another cost center, which you
    enter individually.
    Work Breakdown Structure Element

    You can settle the costs for funds management and project planning for maintenance tasks or special activities to a work breakdown
    structure element.
    Order

    You can settle the costs from several orders to another order.
    For example, you can then settle the costs from individual orders, which have been collected on these orders themselves, collectively to the
    required order. The receiver order might be a collective payment order for particular activities that are only settled at the end of the year.
    G/L Account
    You can settle the costs to a G/L account.
    The account may be one to which costs to be activated are posted if you do not use SAP Asset Accounting.

    Material
    You can settle the collected costs from refurbishment orders to the material to be refurbished. Depending on the settings in Customizing,
    the settlement rule is either generated when the order is released or when the order is completed. The order can only be settled after the
    settlement rule has been generated.
    The order is credited after the refurbished material has been returned to the warehouse. The order balance is subsequently settled to the
    material account according to the current price.
    If you want some of the costs to go into the costs settlement, then you can change the distribution rule manually for these costs.

    Asset Under Construction (AuC)


    You can settle the costs that have been collected on an investment order to an AuC. In this case, the system automatically generates a
    settlement rule for the AuC when the costs are first settled. If some of the costs collected on the order are to go into the costs settlement,
    then you can create another settlement rule (preliminary settlement) manually for these costs.

     Note
    You can test particular settlements to find out which type of settlement is most suitable for you. To simulate depreciation for an order,
    choose the tab page
    Investment
    in the investment order and then
    Depreciation simulation
    . The system saves the data from
    the depreciation simulation. The order subsequently receives a corresponding status.

    As soon as the fixed asset is completed, you can create and process your data from the order. In the case of full settlement, the system
    posts the values that were originally on the AuC to the completed fixed asset.
    For more information, see
    Settlement of an Asset Under Construction
    and Depreciation Calculation Method
    under FI - Asset
    Accounting
    .

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