Professional Documents
Culture Documents
Explain Retire Asset with Revenue and Retire Asset Without Revenue.
Asset sale
* Between affiliated companies - Transaction ABT1N - asset transfer between company codes
* The sale invoice posted in FI-AA - document posted in AA or FI (document type ZN) and issued
(printed) by transaction what has to be modiffied.
In case you want system to calculate Gain/loss from sale for you enter Manual value (revenue amount) in
specification for revenue. It is not allowed from the legal point of view for France.
If you want the asset to be retired in NBV choose which depreciation area (e.g.01 - management reporting
area required) net book value should be posted.
Enter transaction type to specify the business operation you want to make.
An asset retirement can refer to an entire fixed asset (complete retirement) or part of a fixed asset (partial
retirement).
System calculates the gain/loss from the asset sale and makes posting on gain/loss on sales asset account.
The difference (gain/loss) is counted from NBV of the asset and the revenue amount (clearing account
e.g.5700990)
Retirement without revenue is a removal of an asset from the asset portfolio without any revenue, for
example, by scrapping. When you use this posting option, the system does not create revenue and gain/loss
postings. Instead it creates a loss from an asset retirement without revenue posting in the amount of the net
book value being retired.
Retirement without revenue transaction posts NBV to one account specified in account determination for
each reason of disposal.
Additional account assignments with specific transaction types can be created to fullfill requirements of
posting on different accounts for each or some of disposal reasons (e.g. different account for scrapping than
for donation). This specific posting is allowed only for book legal depreciation area, for management area
account for retirement due to all reasons is the same (e.g.5700000).