SAP FI-AA User Guide: Asset Retirement

By | September 16, 2016

This manual covers steps required for the removal of an asset or part of an asset from the asset portfolio in SAP Finance-Asset Accounting. The removal of an asset (or part of an asset) is posted from a bookkeeping perspective as an asset retirement. In SAP Asset Accounting, the removal of an asset by sale, as well as any resulting revenue, can be posted in a single step. At the same time, you can choose to post to Accounts Receivable (through integration with Financial Accounting) or to a reconciliation account.

Following list of transactions are covered in this document:

  • Retirement with Customer – F-92
  • Asset Sale without Customer – ABAON
  • Asset retirement by scrapping – ABAVN
  • Subsequent Revenue – ABNE
  • Subsequent cost – ABNK

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