Asset Under Construction (BFH)

Asset Under Construction (BFH)

This scope item enables you to manage Assets under Construction (AuC). Assets under Construction are a special form of tangible assets. They are usually displayed as a separate balance sheet item, requiring separate account determination, and their own asset classes. During the construction phase of an asset, all actual postings are assigned to the AuC. Once the asset is complete, a transfer is made to the final fixed asset.

Key Process Steps Covered

  • Include invoice and final settlement for Assets under Construction (AuC)
  • Create AuC assets
  • Settle asset under construction
  • Create assets for complete AuC settlement
  • Maintain settlement rule for final settlement
  • Create Legacy AuC Assets

Benefits

  • Get a transparent view of asset acquisition
  • Automate efficient processing

Where is Asset Under Construction(BFH) being used?

This Scope item is used in the following way:

  • As a support function of Accounting and Financial Close within Finance Scope Item Group

Process flow of Asset Under Construction (BFH)

Find below the process flow of the scope item Asset Under Construction as it is defined for release s4h-2021.


Download Process Flow of Best Practice scenario Asset Under Construction (BFH) - S/4HANA OP
Ref: Finance of SAP S4H-2021
Best Practices related to S/4HANA*1) Yearly Updates are released per September of each year
*2) The Quarterly updates are released per Februari, May, August and November
Details of future releases can be found in the SAP Roadmap section of each product. Go to SAP Roadmap Product Finder.
Knowledge Center Scheer Nederland | The Process Experts Visit also the SAP Cloud ERP knowledge center of Scheer Netherlands. The following topics are covered:
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