What is capital investment order in SAP CO - Controlling?

SAP Term: capital investment order

• Component: CO

• Component Name: Controlling

• Description: A tool used to monitor internal tasks whose costs are to be settled to a fixed asset account. You can perform preliminary costing on capital investment orders, make postings to them, and settle them to assets under construction. On completion of the task, the order is settled to one or more assets.

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• Key Concepts: 
  A capital investment order (CIO) is a document used in SAP Controlling (CO) to record and track investments in fixed assets. It is used to plan, monitor, and control the costs associated with the acquisition of fixed assets. The CIO also serves as a reference document for the accounting of the investment. 
  
  How to use it: 
  The CIO is created in the SAP system and contains information such as the asset number, asset description, cost center, and depreciation area. The CIO can be used to track the progress of an investment from planning to completion. It can also be used to monitor the costs associated with the investment and to ensure that all costs are accounted for. 
  
  Tips & Tricks: 
  When creating a CIO, it is important to ensure that all relevant information is included. This includes the asset number, asset description, cost center, and depreciation area. Additionally, it is important to ensure that all costs associated with the investment are accurately recorded in the CIO. 
  
  Related Information: 
  The CIO is closely related to other documents such as the capital expenditure request (CER) and capital expenditure authorization (CEA). The CER is used to request approval for an investment while the CEA is used to authorize an investment. Additionally, the CIO is linked to other documents such as purchase orders and invoices.