While posting Asset Scrapping in ASset Accounting. If we
get revenue from that ASset Scrap how can we adjust it the
Asset. Becoz the total scrap value is LOSS on ASset scrap.
But in general there will be some revenue when we scrap
asset how to treat it and adjust it
Answer Posted / ravinder.pathania
Asset Scrapping can be done in two way in SAP. Use T-Code
ABAON for Asset Retirement with revenue and ABAVN for Asset
Retirement without Revenue. Post the invoice of revenue by
using T-code FB70 and route the transection through Asset
contra for GL Leadger Transection. The revenue generated
from scrap is booked in general ledger by F70 and the asset
contra entry is cleared through ABAON transection. Profit
& Loss is also booked while creating entry through ABAON.
Is This Answer Correct ? | 3 Yes | 2 No |
Post New Answer View All Answers
Hi, Can anybody will assist me on describing the benefit of CO-PA. Is this can be used for budgetory control? What are the best tool for controlling online Budget in SAP? kesdec21@gmail.com
Name some settlement receivers for co internal orders? : co-pa
How do you configure the assignment of variances from product costing to copa module? : co-pa
Hello every, I have my MBA in finance in 2011 I was working for NBFC. Now I am decided to join in sap fico course. But the fact is I forgot all accounting knowledge. Zero accounts knowledge. How may eligible for sap fico course, is there any problems to face during course regarding accounts etc. What are the problems basically peoples like me face in fico course and after getting a job.
DIfference between F-43
For document clearing what are the customizing prerequisites ?
Explain about asset master?
What is the co reconciliation ledger and when would you typically use it?
Hi I'm looking for two SAP Project Manager (one specialized in MM/PP, one in FI) for Automotive, based in Compiègne (Oise, France). Should somebody give me an idea to find these persons ? thanks a lot !
What are the issues you faced after the implementation project in go-live?
How many normal and special peroids can be there in a fiscal year? How do you open and close periods?
What is a line item? : fi- general ledger
Explain intercompany postings. : fi- general ledger accounting
HI guys i am reently learning sap fico how is the course and i want to know how the sap fico in real time implementation guidelines can any send me how
name three distinct characteristics of fi-gl? : fi- general ledger