It is possible to post down payment on an Asset Under Construction

More Questions from SAP Certification

• User can define and use their own transaction types for Assets accounting in a SAP R/3 system
• Asset sales posting can be posted to any revenue account, provided the account fields status is set correctly.
• We must settle all line items at once, and you do not have to distribute100 percent of each line item for AUC using line item settlement.
• If there is no gain or loss on the asset retirement, the sales revenue equals to the net book value of the asset.
• We can use schedule manager in FI-AA to define, schedule,process and control periodically recurring processes.
• One of the main tasks of asset accounting is to represent the asset portfolio in the detailed form of an asset history sheet.
• The plant maintenance component is used for the technical management of asset and the treasury component is used ot manage finincial assets.
• Screen layout rules in the asset master applies to the valuation fields in the depreciation area.
• We can still post credit memos for AUC after it has been fully capitalized if we allow negative APC.
• Aquisition of an asset from the Business partner is an external aquisition.

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