Asset retirements issue

We have a situation where we have reallocated the value of some assets to a different set of assets.
And now would like to retire/remove these assets as the value is allocated to a different set of assets.
That said, they are not real retirements and a retirement would post to a gain loss account and revenue from retirement.
We do not want this to be done on these assets. What is the best way to get rid of these assets with out any impact ot the GL.
Any clarification is highly appreciated.
Thank you,

What I understood from the query is that you have transferred values from one asset to another and now the value of the asset is zero and this you want to take the asset from the asset history.
In the above case you can do retirement by Scrapping.
If the above understanding is wrong,
Then do asset transfers intra compnay and scrap the transferred asset.

Similar Messages

Fixed Assets - retirement issues

Oracle Assets : Retirement and reinstatement of an asset
Version -10.7
Units : 12 Nos.
Dt Placed in service : 03-05-2001
Units retired : 3
Dt of retirement : 16-05-2001.
In process of retirement, entered wrong date(i.e
default date of the current open period - 30-June-2001)
and retired the asset. Then, Calculate gain/loss program
was run which ended with error no.APP-48154.
Failed reason: FAPROC : Units out of balance.No more assets
to retire.
Later,instead of reinstating,corrected the current cost
in the depreciation books thinking that in retirement books
it would be reinstated with original cost and units.But it
didn't happen so. And then,we tried to reinstate - by querying
on transaction number and then row/delete. It is not getting
deleted.
Error message: APP-47433
You cannot delete retirement because there are transactions
after it
Cause:
"You have performed one or more transactions on
this asset since the partial retirement so you cannot
reinstate the partial retirement.
Action:
Use the Transaciton History form to view the
transaction history for this asset.
Now, what is the course of action?

You might have luck - if you post in the right forum!
Try here - SAP ERP Financials - Asset Accounting

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 AM

Hi 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,
Nilesh

Hi 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 (Legacy assets) high priority

MODERATOR: message locked. please read the rules of engagement before posting.
Dear Friends,
I am doing retirement for Legacy assets using F-92 transaction code .i selected transaction type 210 . it is giving following error
Retirement of old assets data not possible (No existing old assets data) for some asset class assets
and some asset class assets i am getting following error
Posting with trans.type 210 not possible (No acquisition posted) but values are there in legacy asset(take over values tab)
why some asset class assets are getting Retirement of old assets data not possible and some asset class assets are getting No acquisition posted
for normal assets created using AS01 no error is coming
some Legacy asset class assets retirement happening fine
plz suggest which transaction type has to use for legacy assets or need to create separate transaction type for legacy assets
we are using group asset concept
errors are
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.
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
Govind
Edited by: Govind Yadav on Jul 8, 2008 10:24 PM
Edited by: Govind Yadav on Jul 8, 2008 10:26 PM
Edited by: Govind Yadav on Jul 8, 2008 10:27 PM

Hi,
If you are doing upload of legacy assets each year wise, then you have to AJRW for every year.
Another way-- you can set your legacy asset takeover date as same as your last closed FY end date, by keeping this date as takeover date you may not be able to run any asset balances report with a report date, which is prior to your takeover date.
For ex: if your takeover date is 31.03.2009, then you cannot run balances report with a report date <31.03.2009
For dep rate changes issue----
You have create your legacy asset with a dep key, which should have the rate of dep from takeover date only.
Whatever depreciation rate changes happend before takeover cannot be maintained in the asset master, since SAP will not calculates dep prior to takeover date. Since system will calculates dep from 01.04.2009 (according to example date) with the rate, which is appilicable from 01.04.2009 only.
What you have to do is, you need to create your dep key with currenct dep rate only and maintain the same in your legacy asset. So while creating through AS91, you need to maintain the APC value (original purchase price) Accum dep ( this amount might have derived from various dep rate calculations outside system till takeover).
Thanks,
Srinu

Derivation rule at asset retirement

Hii experts,
we have requirement of assets procurement through grants they receive. Funds of fund center got consumed at the asset acquisition but when i m triyng to retire/scrap assets... its giving an error for FI313 I.e
No funds center entered/derived in item 00001 (1000/2000000122/)
I came to know that we need to prepare some derivation rule of the retirement of assets to resolve the issue.. Please guide me as i am very new to grant management...
Regards,
Abhay

Dear Abhay,
Since you have created Asset Codes in Asset Master, you have to provide Asset Codes in Asset Retirement Derivation Rule, so that system can derive proper values as per your derivate rule. You have to maintain the following derivation rule for Asset Retirement:
Transaction Type (TT)+Asset Code (To-From)+Document Type(DT)=Target Commitment Item
Mention all the Asset Code number ranges maintained in the system, while Document Type AA will be used for TT 200 (Retirement without Revenue) and Document Type DR will be used for TT 210 (Retirement with Revenue). You can derive statistical or dummy commitment item (60 and 3) for processing of transaction.
Further, you can also add cost centre as source field to derive funds centre. Also make sure you keep the rule in the logical order, since it may affect the derivation of fields. Also check note 666322 to make use of trace feature to ensure proper derivation of values.
I hope this will resolve the issue.
Regards,
Amar Lal

Fld selectn for mvmt type 543 / acct 6190030 differs for Asset retirement

Dear All,
I create a Subcontracting PO and issue goods to vender against that PO.
Suppose i issue two materials with Qty 50 Each to vender.
again Vender gave me back 10 Qty each becoze there is only 40 Qty is ussed for that material in subcontracting Scnerio.
i take back that material to my inventory with movement type 542 against Sub PO.
but again when i go to MIGO, then there is two problems
1) System still show me BOM of 50 each but vender gave me back 10 each Qty.
and i change that manually 40 Qty for Each.
2) while Posting MIGO, system gave me this error
Fld selectn for mvmt type 543 / acct 6190030 differs for Asset retirement (016)
please help me and give me direction if i have done any thing wrong.
Regards,
Pardeep malik

Hi,
Check the field status group in the create/bank/interest TAB of G/L Account 6190030
in T.code: FS00.
Also Use T.code: SE38 , Enter Program RM07CUFA
Enter the Movement type 543 & enter G/L account 6190030
Enter the company code
Click on execute
& update & save.
Now try ur transaction.
Regards,
Biju K

Error In T.code F-92 (Asset retirement)

Hi All
I am posing Asset retirement by using the transaction code F-92
but when i input the asset no, the system is giving me the following error .
Transaction in area 01 contradicts the net book value rule
Message no. AA660
Diagnosis
The document cannot be posted, as it is contrary to the net book value
rule which is checked in area 01.
Procedure
This error usually occurs when you enter proportional values. The
proportional values exceed the amount posted, for example, post
capitalization of 100 but proportional depreciation to the amount 110.
Check your entries and correct them if necessary.
Is there any way to resolve this issue ?
Thanks & Regards,
DDT

Hi Friend,
Generally this type of message will come when there is an incompatability in depreciation area.
Please check in the following path:
SPRO -
> Financial Accounting -> Asset Accounting -> Valuation--> Depreciation Areas -
> Define Depreciation Areas...
Select the appropriate Chart of Depreciation and Depreciation area.
There are 10 setting given under "Value Maintenance " Tab button.
Please check and change accordingly. I guess you should select " Net Book values" (2nd one) with all values.
Otherwise also, the issue will be there in those 10 values only.
Please check it.
Reward if you find it is useful.....
Thanks & Regards
Ravi C

Regarding BAPI to complete ABAON Transaction ie Asset Retirement.

Dear Friends,
I am doing the Asset Retirement using BAPI_ASSET_RETIREMENT_POST.
I am able to do the retirement of the Asset.
But my requirement is to update the
Text, manual value in Transaction data Tab.
Reference, Assignment in Additional Details Tab.
Please tell me how to map these fields for this BAPI. Or if there is any other BAPI for Asset Retirement.
Regards,
Prathima Talari.

Hi 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

Report on Asset retirement

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

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
Shripad

Hi,
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,
nms

Dear 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

Asset Retirement

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 AM

When 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

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

Asset retirements issue

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