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
Answers were Sorted based on User's Feedback
Answer / 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 |
Answer / radhika jadhav
In general while scrapping an asset we get revenue we can
adjust that through T Code ABAV by giving the transaction
type as 210 which gives a tab of sales revenue in that
transaction.
Is This Answer Correct ? | 0 Yes | 0 No |
If a vendor raised about 10 invoices on a same day. Invoice numbers start with 111 to 120 and asked to pay for Invoice no 115 through APP. How to configure it.
what is your project land scape?
Hi, Here is an interview question. What are errors we will face in FI-MM, FI-SD, COPA integration. How u will solve. Sravan
What are the organizational assignments in asset accounting?
What do you understand by sap cost center? Explain with the example? : cost center accounting
what is chart of account? what is operating chart of account? how you are using group chart of account.
The user reported that buyer Grbic 81 DOO, SAP code 200021394 has busy Credit Limit in amount of 1.312,93 RSD, which makes blockades on the stuff delivery to the buyer. This makes Open delivery which is not recognized by the SAP overview. The user asks for the additional check and resolution of the issue.
WHAT IS COST CENTER BUDGETING?
What is an account group and where it is used?
Will first logic’s global data quality connector for sap manage my international data?
What is the use of Time-dependent-Data in Asset Accounting?
What variances do you come across in invoice verification? : fi- accounts payable