Accounting Configuration

This option contains the following fields:

• Line: configuration line code of the project stage item. It is only for information purposes and it is automatically generated when an accounting configuration is added for a item of the project stage in the grid.
• Classification Type: it defines the type of accounting classification of the project stage item. This information is used to determine whether to generate an asset form based on the other configuration performed in the project so far. Options available are:
• 1=REVENUE: it indicates that the configuration is used only for accounting of the revenue from executing the project stages.
• 2=EXPENSE: it indicates that the configuration is used for generating fixed asset forms referring to the control of actual project expenses.
• 3=REVENUE MARGIN: it indicates that the configuration is used for accounting of the revenue margin of the project in operations it occurs.

 For this stage, the focus is on control of projects of fixed assets of the type 2- Expenses, and the stage control of revenue projects do not update the environment. For this reason, the field is locked for editing and the default content is 2 – Expenses.

• Asset Type: it indicates the type of asset generated by the project stage item. Due to asset form control, a project stage always generates only one asset form, which may be comprised of one item of the type 01 - Tax Depreciation, balance type 1 - Tax and multiple items of the type 10 - Accounting/Management Depreciation, each one with a specific balance type, or yet one single item of the type 03 – Assets in Formation.

 Due to this rule, the first line of an accounting configuration of a project stage item must be set as type 01 or 03, consequently validating the other lines to be entered. When entering a line of the type 03 – Assets in Formation, you cannot enter other lines of configuration for that stage item.

 The Asset Type field is only enabled if the type of classification of the line is set as 2 – Expense.

• Balance Type: it defines the balance type used for classifying the asset item generated in the asset form, according to the following rule: items of the type 01 – Tax Depreciation can only be classified as balance type 1 – Tax; items of the type 10 – Management Depreciation may be classified with any type of balance, but only one instance of balance type is allowed per configuration item/asset item.

 The Asset Type field is only enabled if the type of classification of the line is set as 2 – Expense.

• Depreciation Type: it defines the depreciation method of the asset form item which must be generated by the configuration of the project stage item, according to the following rule: items of the type 01 – Tax Depreciation may only be classified with tax depreciation methods, which currently are: Straight-line and Straight-line with maximum depreciation value; items of the type 10 – Accounting/Management Depreciation may be classified with any type of depreciation, and there may be more than one type 10 with the same method.

 The Asset Type field is only enabled if the type of classification of the line is set as 2 – Expense.

• Asset Group: field which acts as classifier and facilitator. Upon entering the asset group for a line, the system automatically fills out the other configuration fields with the data from the asset group. If the asset group includes configuration by asset type and balance type, the configuration is replicated according to these data previously entered in the line; if the asset group does not have configuration by asset type, data is replicated regardless of the asset type or balance type defined for the line; if the asset group includes configuration by asset type and balance type and there is no configuration matching the asset type and the balance type determined for the line, no data is replicated and the other fields must be filled out manually.

 The fill-out facilitator only edits the fields which have not been filled out yet. When entering an asset group and then editing it, the fields which have been filled out during the first entry are not edited to avoid that the trigger changes manually adjusted data.

 The Asset Type field is only enabled if the type of classification of the line is set as 2 – Expense.

• Acm. Dep. Vl.: the actual value of provisioning of the project cost due to depreciation calculated in the period. This field is automatically updated by the depreciation calculation process of the system. Thus, it is not available for editing.
• Item Accounting Entities: asset items require 03 accounting configuration sets:
• Asset Accounting Data: represented by the ENT01B-04B fields; such data classifies the asset into fixed, intangible or deferred asset accounts.
• Depreciation expenses accounting data: represented by the ENT01D-04D fields; such data classifies the depreciation expenses incurred by the asset.
• Accumulated depreciation accounting data: represented by the ENT01A-04A fields; such data classifies the reduction accounts as fixed, intangible or deferred, reducing the equity value according to depreciation.

 According to the accounting structure, entities from 01 to 04 are, respectively: Ledger Account, Cost Center, Accounting Item and Value Class. Naming field generically is due to the possibility of configuring complementary accounting entities, depending on the features of the Management Accounting module.

• Calculation periods: number of periods for calculating depreciation, determined according to the MV_CALCDEP parameter, that is:
• 60 periods with MV_CALCDEP defined as monthly for 60 months.
• 60 periods with MV_CALCDEP defined as annual for 60 years.

 Filling out this field updates the content of the Depreciation annual rate (FND_TXDEPR) with the value already appropriate to the indicated calculation periodicity and time.

 The Asset Type field is only enabled if the type of classification of the line is set as 2 – Expense.

• Depreciation annual rate. The annual rate is converted into monthly or even daily according to the needs of the depreciation calculation routine.

 Filling out this field updates the content of the Calculation Periods (FND_PERDEP) with the value already appropriate to the indicated periodicity and annual rate.

 The Asset Type field is only enabled if the type of classification of the line is set as 2 – Expense.

• Reference currency: field without editing option and whose aim is to help filling out the Maximum Depreciation Value and Bailout Value, since they must be configured according to the reference currency determined as project header.
• Maximum depreciation value: field for configuration of the straight-line with depreciation maximum value method; only editable when this is the depreciation method selected.

 The Asset Type field is only enabled if the type of classification of the line is set as 2 – Expense.

• Bailout value: field for configuration of the Balance Reduction depreciation method; only editable when this is the method selected.
• The Asset Type field is only enabled if the type of classification of the line is set as 2 – Expense.
• Estimated production: configuration field of the depreciation methods associated with annotations of time or production; they are: Worked Time, Units Produced, Straight-line Exhaustion and Remaining Balance Exhaustion.

 The Asset Type field is only enabled if the type of classification of the line is set as 2 – Expense.

• Planned AVP: AVP value planned for the project stage item, calculated based on the planned values of the stage item, estimated execution date of the stage item and AVP index of the stage item. Since it is a system-calculated value, it cannot be edited.
• Actual AVP: actual AVP value of the project cost due to AVP appropriation of the fixed asset forms calculated in the period. This field is automatically updated by the AVP calculation process of the system. Thus, it is not available for editing.

a19df136-7685-426e-b4e4-94c06984468a Important:

If fixed asset type is 10-Management you can edit the values of fields Planned AVP and Actual AVP.