Asset retirement frm slae w/customer f-92
Asset retirement frm slae w/customer
We r retiring & selling asset throgh F-92,
But output tax is not calculated.
can anayone provide solution to us..
With reagards,
sachin Rodrigues
Hi,
I tested it in my system.
When you post in F-92, you will input as follow :
Dr Customer 30.000
Cr Sales Revenue. 30.000
The tax will be calculated only as follows :
1. in FS00 , maintain the tax category : * (or +) for "SALES REVENUE" Account
2. in F-92, you input the tax category in SALES Revenue Account (Because if I input the tax in Customer then the tax will not be calculated). You can tick "Calculate tax" either in Customer or Sales Revenue account.
3. Afterwards, choose menu Document => Simulate.
The following journal will be created :
PK Account Description Amount
50 0000800000 Sales revenues-dom. 26.086,96-
01 0000000001 herwin 30.000,00
50 0000175000 Output tax 3.913,04-
75 0000032000 000000040000 0000 1.000,00-
70 0000032010 000000040000 0000 33,33
40 0000825000 Clrg asset disposal 26.086,96
50 0000250000 Gain-fxd asset ret. 25.120,29-
Hope it helps
Similar Messages
-
Dear all,
I need a report on Asset Retirement which display the customer number and his description ( the one who bought the asset).
I used the report S_ALR_87100623 to manage the retirement and i didn't found an option to display the customer number & description.
Is there any solution or other transaction (report) to get it ?
Thank you in advance.Hello,
I tried already this report. But there is no information about the customer who baught the asset.
Any other solution ?
Edited by: Alexis.TN on Oct 12, 2009 12:44 PM -
F-92 asset retirement-where document splitting is active
I have a situation where I have activated document splitting for the characteristics profit centre and segment. When i post an asset retirement however that the customer and the VAT postings do not get populated with profit center and segment. The asset disposal accounts, the assets, the gain or loss on disposal do have the profit center and segment populated.
I have made FSG profit centre required for customer, not required for VAT general ledger accounts
I have made the posting key 01 and 50 FSG- profit centre required and cost centre optional
Where else can i check. as i thought the customer would inherit the profit center from the cost centre in the asset being sold.Hi,
This is surely related to Document splitting configuration
For Document type DR, what is the business trans. and trans. variant assigned ?
I think it should be 0000 (unspecified posting) and then create a new variant and assign the below categories:
Menu: Financial Accounting (New)-> General Ledger Accounting (New) - > Business Transactions -> Document Splitting -> Define Business Transaction Variants
01000 Balance Sheet Account
01100 Company Code Clearing
01300 Cash Discount Clearing
02000 Customer
02100 Customer: Special G/L Transaction
03000 Vendor
03100 Vendor: Special G/L Transaction
04000 Cash Account
05100 Taxes on Sales/Purchases
05200 Withholding Tax
06000 Material
07000 Fixed Assets
20000 Expense
30000 Revenue
40100 Cash Discount (Expense/Revenue/Loss)
40200 Exchange Rate Difference
80000 Customer-Specific Item Category
Assign the new variant to DR document under Financial Accounting (New)-> General Ledger Accounting (New) - > Business Transactions -> Document Splitting -> Classify Document Types for Document Splitting
Hope this helps
Regards
Tarek -
Asset Retirement: Asset Sale without customer (ABAON)
Hi Experts,
While posting Asset Retirement in ABAON, error occurs as "SYST: You can not determine the period for rule 02 to 23.03.11".
Here we are retiring 3 assets. One from one asset class & other 2 from another asset class.
for the 1st Asset Class- period ctrl. method is 006 and in T-code AFAMP, in retirement column rule for 006 is defined as 11, which means "Next Month". AND...........
for 2nd Asset class- period ctrl. method is 003 and in T-code AFAMP, in retirement column rule for 003 is defined as 02, which means "Pro Rata upto mid-period at period start date."
Now I think problem is there for 2nd asset class as rule 02 can not determine the period according to error.
Please explain the logic? What axactly system is saying? and how can I solve this issue?
Regards,
Nilesh
Edited by: NileshSB on Mar 31, 2011 6:36 AMHi Nilesh
Nice to know the issue has been resolved.
OAVH is used to determine the relationship between posting intervals and periods in the given fiscal year version. The assignment entries in OAVH have to be changed in the following cases:
u2022 You use period control rules you defined yourself.
u2022 You change the definition of the periods in the fiscal year version in Financial Accounting.
As you noticed, case you use a year-dependent fiscal year variant, then you have to perform OA84 to generate period controls properly.
For more information, you can refer to IMG documentation in following IMG menu path:
IMG: Asset Accounting -> Depreciation -> Valuation Methods -> Period Control -> Define Calender Assignments (OAVH) / Generate Period Controls (OA84)
Regards
George -
Asset Retirement: Transaction "Asset Sale without customer" (ABAON)
Hi Experts,
While posting Asset Retirement in ABAON, error occurs as "SYST: You can not determine the period for rule 02 to 23.03.11".
Here we are retiring 3 assets. One from one asset class & other 2 from another asset class.
for the 1st Asset Class- period ctrl. method is 006 and in T-code AFAMP, in retirement column rule for 006 is defined as 11, which means "Next Month". AND...........
for 2nd Asset class- period ctrl. method is 003 and in T-code AFAMP, in retirement column rule for 003 is defined as 02, which means "Pro Rata upto mid-period at period start date."
Now I think problem is there for 2nd asset class as rule 02 can not determine the period according to error.
Please explain the logic? What axactly system is saying? and how can I solve this issue?
Regards,
NileshHi Nilesh
Nice to know the issue has been resolved.
OAVH is used to determine the relationship between posting intervals and periods in the given fiscal year version. The assignment entries in OAVH have to be changed in the following cases:
u2022 You use period control rules you defined yourself.
u2022 You change the definition of the periods in the fiscal year version in Financial Accounting.
As you noticed, case you use a year-dependent fiscal year variant, then you have to perform OA84 to generate period controls properly.
For more information, you can refer to IMG documentation in following IMG menu path:
IMG: Asset Accounting -> Depreciation -> Valuation Methods -> Period Control -> Define Calender Assignments (OAVH) / Generate Period Controls (OA84)
Regards
George -
Hi Gurus
I am Getting A Problem While POsting Asset Retirement, As it Is giving the Error While GiVing The Fixed Asset Gl As Follwing
Rules for posting key 50 and acct 3520500 set incorrectly for "XAABG" field
Message no. F5272
Diagnosis
One of the rules specifies that the field demands a required entry, the other rule says that the field is to be suppressed.
Procedure
Correct one of the two rules for the field selection.
You find the field status group in the G/L account master record:
Execute function
You can find the rules for the field status group in the Financial Accounting Implementation Guide in the activity Maintain field status variants.
You can find the posting key in the Financial Accounting Implementation Guide in the activity
Define posting key.
I had Checked the FSG And The Posting Key But I am Unable To Solve The Error Plz Help
I had Changed the Field Status Of asset Retirement Field As required
If It Is The Mistake I had Removed it , Where As I am Not Getting the Field retieremnt In the Sale Of Fixed Asset Screen
Regards
Prasanna
Edited by: prasanna raj on Oct 13, 2008 8:02 AMWhen we go for posting a retirement of asset with revenue, 2 sets of process takes place.
Loss Profit
a. 01 Customer Dr 5000 15000
50 Revenue Cr (5000) (15000)
b. 75 Asset Cr. (35000) (35000)
70 Accumulated Dep. Dr. 27000 27000
40 Revenue Dr. 5000 15000
50 Profit Cr. (7000)
40 Loss Dr. 3000
We add both the options a & b, exactly the same result we get for Asset Retirement with revenue -
Asset Retirement for Interco Asset, Partner not in SAP
Hello,
We need to retire an asset to another affiliate that is not in SAP, that is defined as a customer. In this case, which transaction needs to be used for this asset retirement. F-92 or ABT1N ?
What would be the difference ?
Regards,
Siri.Hi Siri,
If you havent created affiliated company, then you can do it vide F-92.
The difference is if you do vide ABT1N, you can transfer assets simultaneously you can create new asset in affiliated compnay's books and all balances will be transferred.
If you do it vide F-92,Your affiliated company has to create assets separately and has to post acquisition entry in their books.
Hope it is clear.
Regards,
G.Sethuraman -
Dear all,
I used the report S_ALR_87100623 to manage the retirement and i didn't found an option to display the customer number & description.
I need a report on Asset Retirement (similar to S_ALR_87100623) which display the customer number and his description ( the one who bought the asset).
Is there any solution or other transaction (report) to get it ?
Thank you in advanceHi,
have a look in the SDN Wiki Fi-AA. If you want to see information from the FI-AA master data included in a report, then you find a guide of how to do it there.
Regards,
Markus -
Asset Retirement - Tax Code specification [F-92]
In transaction F-92 Asset retirement with Customer, the system generates automatically the line for the "Gain account " defined in Asset Class: Assign G/L Accounts (AO90).
How can we specify a Tax code to be used for this Gain/Loss account? By defining this in G/L master does not work.
For example
Lin PK BAre G/L Account TaxCode
001 01 0107 20192756 [Customer]
002 50 0107 7200900000 50
003 75 0107 1304020700
004 70 0107 1399040207
005 40 0107 7200900000
006 50 0107 8103030000
In the above example the 8103030000 represents the GAIN account. This line is automatically generated by SAP F-92 transaction. How can we instruct the system to use TaxCode 50 ?
Thanks for any hinthi,
try it with creating a substitution with transaction OBBH.
if bseg-hkont = '7200900000' and sy-tcode = 'F-92'.
A. -
Please elaborate me the mechanism of Asset Retirement
Hi,
Please elaborate me the mechanism of Asset Retirement
ThanksHi,
Please go thru the following document if it is helpful.
Asset Retirement:
Purpose
Asset retirement is the removal of an asset or part of an asset from the asset portfolio. This removal of an asset (or part of an asset) is posted from a bookkeeping perspective as an asset retirement. Depending on organizational considerations, or the business transaction which leads to the retirement, you can distinguish the following types of retirement:
An asset is sold, resulting in revenue being earned. The sale is posted with a customer.
An asset is sold, resulting in revenue being earned. The sale is posted against a clearing account.
An asset has to be scrapped, with no revenue earned.
An asset is sold to an affiliated company (refer to Manual Posting of Intercompany Asset Transfer/Retirement)
Process Flow
There are transactions and transaction types in the system for these different retirement types.
Asset Retirement
Asset Sale with Customer
The system enables you to post the entry to Accounts Receivable, the revenue posting and the asset retirement in one step. In this posting transaction, you have to post the revenue (debit A/R, credit revenue from asset sale) first, and then post the asset retirement. An indicator in the posting transaction specifies that the system posts the asset retirement after the revenue posting.
The prerequisite for this is that the sales revenue account in Financial Accounting, to which the revenue should be posted, has a field status variant in its master data in which the Asset retirement field (category Asset Accounting) is defined as a required or optional entry field. You define the field status variant in Customizing for Financial Accounting (Financial Accounting Global Settings ® Document ® Line Item ® Controls).
Posting of Gain or Loss
When you use the standard transaction types, the system automatically creates a gain posting or a loss posting, as well as a revenue clearing entry, in addition to the asset and accumulated depreciation correction postings. This gain/loss posting, as well as the revenue posting, are not dependent on the transaction type. The automatic creation of these postings is controlled by the Gain/loss from retirement indicator in the definition of the transaction type. You can also choose not to set this indicator, in which case you have to enter the postings manually.
In an exceptional situation, an integrated asset retirement with revenue can also be posted although the asset does not have APC in the master depreciation area.
For more information on ways of posting gain and loss, see Posting Gain/Loss.
Retirement Without Revenue
A retirement without revenue is the 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.
Complete/Partial Retirement
An asset retirement can refer to an entire fixed asset (complete retirement) or part of a fixed asset (partial retirement). In both cases, the system automatically determines, using the asset retirement dates entered, the amounts to be charged off for each depreciation area. You can initiate the partial retirement of a fixed asset by entering one of the following:
The amount of the acquisition and production costs being retired
A percentage rate
A quantity
When you enter the amount of APC that is being retired, the system determines the percentage to be retired from the asset using the first depreciation area in which posting is to take place. It determines the percentage amount of APC being retired in that area, and uses the same percentage for other areas. You can enter a quantity, provided that you have not specified a retirement amount or percentage rate. The system interprets the quantity as a ratio to the total quantity of the asset and thereby determines the asset retirement percentage rate. If necessary, you can also manually correct the retirement amounts that were calculated by the system in individual depreciation areas. The system then recalculates the retirement amounts for that area, and any areas that are dependent on that area.
The asset value date of the retirement is recorded in the asset master record. You cannot post any transactions with a value date before the value date of the last retirement. If you nevertheless need to post such a transaction, you must first reverse all retirements that lie after the value date of the belated posting. After posting the belated transaction, you can then re-post the retirements.
Transaction Type (Prior-Year Acquisitions/Current-Year Acquisitions)
Make sure that you select the correct transaction type for both partial and complete retirement. For the complete retirement of a fixed asset acquired in previous years, always select a transaction type intended for prior-year acquisitions. A partial retirement can always relate either to prior-year acquisitions or to current-year acquisitions.
The complete retirement of a fixed asset is only possible if all transactions to the asset were posted with a value date before the asset value date of asset retirement. You must clear or reverse down payments and investment support measures, which are in the same posting year as the retirement, before you post the complete retirement.
Prior-year asset acquisitions and current-year acquisitions are shown separately from one another in the document.
Proportional Value Adjustments
Based on the value date and period control, the system automatically determines the reference period for the retirement. The system automatically determines any depreciation (value adjustments) that is applicable to the part of the asset being retired, up to the reference period (retirement). The system automatically retires this depreciation at the time of the retirement transaction. This procedure guarantees that the percentage of the book value that is retired is identical with the percentage of the acquisition and production costs that is retired.
Graphic: Determining Proportional Value Adjustments
The system automatically posts the proportional value adjustments retired during an asset retirement. You can specify special transaction types for this automatic posting. You enter these transaction types in the Customizing definition of the retirement or transfer transaction types (Value adjustments function). These special transaction types for the proportional value adjustments are particularly important for group consolidations, so that the individual transaction can be identified as retirement of transfer.
The standard transaction types delivered by SAP are already defined in this way. The system uses the transaction type 290 for proportional values with retirements. For transfers it uses transaction types 390/395 (transfer retirement/acquisition).
Retirement of Low Value Assets
There are special considerations for the retirement of low value assets (LVAs). It is usually necessary to simplify the business transactions involved, due to the large number of assets that are being retired. It is not necessary to actually post the retirement of low value assets in order for the assets transactions to be displayed correctly in the asset history sheet. It is possible to simulate the retirements of low value assets during a time period you specify. Enter the LVA asset classes and the simulation time period in the initial screen of the asset history sheet (see Asset History Sheet).
If you want to actually post the retirement of low value assets, use the usual procedure for asset retirements.
Retiring Several Asset Subnumbers Simultaneously
The system enables you to post the complete retirement of several subnumbers of a fixed asset in one step (generic entry using an asterisk (*) in the subnumber field). The system performs asset postings and value adjustment postings for each sub-number.
Sales revenue is proportionally allocated to the individual sub-numbers according to their acquisition value (including revaluation).
Retirement of Assets with Investment Support
For information on the special concerns involved when retiring assets with investment support, see Investment Support on the Liabilities Side and Investment Support Managed on the Assets Side .
Retirement Costs
It is possible to enter the costs of the retirement (for example, removal costs) for statistical purposes during the retirement posting. The standard report for asset retirements (Information System) then displays these costs in a special field. Note that gain/loss and retirement costs are shown separately in the report. In addition, the retirement costs are not automatically transferred to cost accounting.
Mass Retirement
When an enterprise sells a large portion of its fixed assets (such as a plant or a building), it is necessary to post the retirement of all the individual assets which make up the whole. Since the number of affected assets can be very large, the Asset Accounting (FI-AA) component makes it possible to make the necessary postings using mass processing. For more information, see Mass Retirement.
Thanks,
Prithwiraj. -
How to get loss from asset retirement..in asset acounting report
Hi in my asset acounting report i have to show Loss from asset retirement . in structure ANEPV the field is MINERL. in the standard report they are using logical dtaabse ADA and node ANEPV(report RAABGA_ALV01) . i don't want to include the node in my report.Is there any FM showing the loss value or any other way to show this value .
THANKS in advance...Hi in my asset acounting report i have to show Loss from asset retirement . in structure ANEPV the field is MINERL. in the standard report they are using logical dtaabse ADA and node ANEPV(report RAABGA_ALV01) . i don't want to include the node in my report.Is there any FM showing the loss value or any other way to show this value .
THANKS in advance... -
Error while Asset retirement by scrapping.
Hi ,
We are getting following error while doing asset retirement by scrapping using transaction ABAVN.
"Transaction in area 10 contradicts the net book value rule." Message no. AA660.
Following are the asset values.
Area 01 : Acq. value 64578.00, Ord depre 12806.92 , Net book value: 51771.08.
Area 10 : Acq. value 64578.00, Ord depre 29970.80, Net book value: 34607.20.
Pl. help
ShripadHi,
when trying to retire an asset linked to a group asset, please carefully check the values on your group asset.
Sometimes the error occurs if a dep. area is assigned to a group asset and the transactions on this area amount to zero.
May I invite you to review below notes also. You may find, that certain constellations with your situation could
be valid, too.
136634 AA660 Credit memo in subsequent year
32901 General information on the memo value
14028 Error message AA660 or 632 during retirement/transfer
141656 Negative net book value, neg. APC, below zero depreciation
327088 Definition of the delivered transfer variants
regards Bernhard -
Asset retirement - Error - AA416 & AA324
Dear All,
I am getting following error while doing asset retirement through t-code F-92.
My legacy transfer date is 31.03.2009
I am retiring last year legacy asset.
For few of the asset class I am getting this error. For few of the asset I am not getting this error.
*Following is the Error 1 detail:*
Retirement of old assets data not possible (No existing old assets data)
Message no. AA416
Diagnosis
You have tried to post an retirement based on amount, using a transaction type which refers to old assets data (acquisitions from previous years).
However, the sum of the APC at the start of the fiscal year and the transactions, related to the past, equals 0.
Procedure
Check the transaction type entered and the asset.
_Following is the Error 2 detail:_
For few of the asset while retiring I am getting the following error. I also try with transaction type 260. But the same error I am getting.
Posting with trans.type 210 not possible (No acquisition posted)
Message no. AA324
Diagnosis
Transaction type 210 belongs to a transaction type group, which can only be used to post to assets to which posting has already been performed. However, no postings have been made to this asset.
Procedure
Use a transaction type from a transaction type group, which can be used for the first acquisition to an asset.
Regards,
nmsDear Phaneendra,
Thanks.
Even I tired with 260 transaction type, but I am not able to retire the asset.
Retirement of new acquisition not possible (Transaction total = 0)
Message no. AA417
Diagnosis
You have tried to post retirement of current acquisitions, although the sum of the transactions for the current fiscal year is zero.
Procedure
Check the transaction type entered and the asset.
Regards,
nms -
F-02 with asset retirement: Trans. type not possible - No affil. company
Hello Gurus,
I am struggling with the following, I hope you can help me:
We want to sell an investment using a trading partner. When entering the asset retirement transaction type 230, I get error message AA 389 Trans. type not possible (No affiliated company specified). I however enter the trading partner through 'More data' but when coming back to the asset retirement, T. type 210 is written and changing it to 230 gives me the error.
I am using document type DR for which the flags 'enter trading partner' and 'Inter co. postings' are set. I tried without the flag 'Inter co. postings', no success.
I have tried with Trans. type 210 and changing the line item after simulation, no success as well.
The target document is:
Pos. Posting Key Account Amount Trading Part.
1 01 1195914 4,320.00
2 50 610720 4,320.00- CI09
After simulate:
Pos. Posting Key Account Amount Trading Part.
1 01 1195914 4,320.00
2 50 610720 4,000.00- CI09
3 50 204010 320.00- CI09
4 75 18678 0 0.01-
5 40 9740150 4,0000.00
6 50 9740100 3,9999.99-
Many Thanks in advance.
Alex-Hello Alex,
Try F-92, on the screen for creating the revenue line item, i.e. the credit side, you must activate the indicator "asset retirement." > Next, press 'Enter' key, after which the screen 'Create Asset Retirement' appears and in this dialog box screen enter the appropriate 'Transacion Type' instead.
Hope the above helps.
Kind regards,
John Chin -
FRM-40735 WHEN-CUSTOM-ITEM-EVENT trigger raised unhandled exception ORA-065
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"FRM-40735 WHEN-CUSTOM-ITEM-EVENT trigger raised unhandled exception ORA-065"Welcome to OTN
Before posting on this forum please read
FRM-40735: WHEN-CUSTOM-ITEM-EVENT trigger raised unhandled exception ORA-06502.
you'll get some hint here
Oracle/PLSQL: ORA-06502 Error
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