SAP Financial Accounting (SAP FI) Practice Exam

What aspect of the AUC must be ensured for a successful transfer to a real asset?

1. The relevant cost center

2. The correct asset category

3. The status must be line item managed

4. Settlement profile must allow fixed assets

The correct answer is: The status must be line item managed

For a successful transfer of an Asset Under Construction (AUC) to a real asset, it is crucial that the status of the AUC is managed on a line item basis. This means that the AUC has to be configured to track and manage transactions in a detailed manner, allowing for accurate allocation and tracking of the costs associated with the construction of the asset. When an AUC is line item managed, it provides greater granularity in how costs are recorded, enabling more precise reporting and analysis of the asset's financial data prior to the transfer. This line item management is essential for ensuring that all necessary details are captured, verified, and seamlessly carried over to the fixed asset once the transition occurs. While other factors such as the relevant cost center, asset category, and settlement profile are important in their own rights, they do not directly influence the successful transfer of an AUC to a real asset as critically as the line item management status does. This focus on detailed tracking allows for an accurate reflection of the asset's construction costs and enhances financial integrity when transitioning to a fixed asset.