Hi Monique,
If I have understood your question correctly, You are asking about Settling of the Expense incurred on acquiring an Asset.
well It depends upon the Business how they want to treat the expenses. In your case let's assume before investing in the Land they need to hire some Architects and Design Engineers and this will cost them Money, before making the decision on Investing in the Land.
To capture such a scenario in SAP PS, we have something called as AUC. You can create a Project and Assign an Investment Profile to the WBS and create a AUC as Land. You can settle this cost to AUC and then once the land is actually acquired you can add the cost of land + previous expenses into the asset by settling the previous expenses+actual cost of land to the final ASSET.
If the business doesn't want to add the previous cost to the value of Asset it can be written off...
Hope it helps you...
Regards
Sammar
Message was edited by: sammar razdhan