Scrapping asset

Hi i want to scrape an asset code is it possible in sap asset value is 10000 i want to scrape it with 10000 value. so that the value gets zero for this asset code.
Regards
Abhisekh

HI Abhishek,
ABAVN is the right TCode to Scrap an asset, under partial retirement just give percentage as 100!!!! All done.
Scrapping simply means loss from an asset.
So if u execute this Tcode. Debit entry will be post to Loss from Asset sale account and credit entry APC account.
For more clarity on accounts in which asset can post, please visit TCode AO90.
Thanks
Guneet

Similar Messages

Asset No. of the scrapped asset not appearing in the GL Line item display

Hi Friends,
As a part of the year end process the users have written of some of the assets thru T Code "ABAVN" - Asset Scrapping without revenue. The losses arising were posted to the particular GL Account as was defined in the config. However, when viewing the GL line item display we are not able to see the Asset No. against each of the line representing the loss arising from the scrapping of the asset. We tried changing the layout but still the asset no. does not get populated in the Asset column. Would need the help of freinds as to how can we change the settings so that against line item in GL we are able to see the Asset No. as well.
Thanks!
Regards,

Haven't tried it before but perhaps you could try using asset no. sort keys in the 'retirement loss' gl account.
Think the asset no. appears only on the asset cost and acc.depreciation line items ie. offsetting accounts don't have such.

Scrap Asset and its sub assets in one transaction code

Please suggest if it is possible to scrap an asset and all its sub assets in one transaction as opposed to scrapping them separately in ABAVN.
regards
Rekha

Click on the button Multiple assets and fill in there the main asset and sub numbers. You have to fill them all in. There is no transaction that you can do this with filling in only the main-asset number

Scrapping assets into stock and sales

Dear Experts,
our business scenario is like the user scrap the assets and scraped material is taken into stock and sold ,please advise me how to map the scenario.
Regards,
Varun
Edited by: Jeyakanthan A on Oct 8, 2011 11:22 PM

if, u want to use ur this business process with CIN then follow these steps:
    maintain chapter id for ur material with material type should be RG1.
            Do MB1A with 551 mvt type.
then do J1is AND j1iv.
then need the updating of Excise Register here J1i5
          U can use here j2iun instead of j1i5)
if u are new to J2iun then do like this carefully,
                      display pending invoice in j2iun.
                        then one by one excise value put.(it will *** in green, then save this)
                        then extraction of register and printing.
Thanks

Asset sale w/o customer & Asset Scrapping

Hi All,
In a scenario,an Asset having a APC value 1000 USD and which has been depreciated by 200 USD til now .
Now in case of asset sale without revenue, we have the below accounting entries.
Asset APC Cr 1000
Acc Dep dr 200
Clearing Account P&L dr 800
In case of Asset scrapping,
Asset APC Cr 1000
Acc Dep Dr 200
Asset Scaping P&L dr 800
In both cases the P&L account is debited. So how the 1st transaction is different from the second one, from accounting prospective?
Regards
Rudra

Hi Rudra
Are you talking about Asset Sale without customer?
This is used when there is a Cash Sale.. The clearing account is later on cleared and you can post it to Cash Account
Asset Scrapping is a pure loss where you dont get anything out of sale
Br. Ajay M

Asset Scrapping

Hi Guys,
I have an issue in asset scrapping thru tcode ABAVN version ECC6.0 in QA client- when I scrapped the asset system generated the accounting document
with following entries
APC:1,000
Asset is acquired in April,2010,
CR(75 posting key).-APC value account(cost of asset) $1000
DR.(40 posting key)-Loss from scrap asset                   $1000
We are using half year convention so first year depreciation value is $50.As per our fixed asset guy who is usin legacy system FAS,( we are in process of migrating our FA in sap), the entries should be
CR(75 posting key).-APC value account(cost of asset) $1000
DR.(40 posting key)-Loss from scrap asset                    $950
DR(70 posting key)- Accum Dep a/c                                $50
But system created only 2 lines.Do I need to do something in config?The Account determination in AO90 the accounts are being derived correctly. I only need to know what will happen with depreciaiton.The asset is just acquired in april,2010. Do I need to do some other entry? I ran depreciation for period 5,2010 on that asset and system posted depreciation of $6.25 for period 5, we rae using Fiscal year from Nov-Dec, so april is our period 5.Please suggest.Thanks
Regards
Shaun

Hi,
Take a look at the period control Tcode AFAMP of the depreciation key been used. If the retirmnet period control is set for start of year 06 normaly it will take the value available from start of year and reverse out the depreciation posted in next run.
Thanks
Vaibhav

Depreciation of an Asset on Shift basis

Hi Guru's
We are facing a situation where one asset is used in shift as stated below.
Business want SAP to calculate depreciation for the below shift.
Please share your inputs on how to meet the business requirement.
SHIFT DETAILS: 3 shifts for the first 6 months, 2 shift for the next 3 months and 1 sift for last 3 months.
Regards
SF

Hi Lidia,
I have done the following step:
Step1:
1) AS02 - In Time dependent tab - clicked on Asset Shutdown.
2) Noted down the depreciation key as 1004 & 1044 from the tab Depreciation Areas from AS02.
Step2:
In AFAMA, I have changed the the shutdown option to YES for both the Depreciation areas identified from AS02.
Now my question is do I need to do anything else. And will the setting be left as it is.
And Client is going to scarp this asset as next step.So do i need to any other step apart from this to stop depreciation with respect to scrapping asset.Or whether it is temporary stopping or permanent stopping of the asset the same action has to be taken ??
After the scrapping of the asset shoud I need to change the setting back of the depreciation areas of the shutdown option.
Pls reply soon..As always i will assure you points..

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

Depreciation Error in AFAB : asset posting not completed

Hi All
Depreciation run was not finished for past 3 years before that one of the Scrapping Asset was posted without execute the depreciation run. For that reason we are unable close the period in asset depreciation run by using transaction code AFAB ( current as well as previous year ).
We are getting the below error while executing the transaction code AFAB.
Error Message: asset posting not completed.
We are trying to post the depreciation run manually also is not possible, due to depreciation run has already retired.
Please help us to provide the necessary solution to resolve the issue.
Regards
K.Gunasekar
Edited by: KGUNASEKAR on Apr 29, 2010 4:12 PM
Edited by: KGUNASEKAR on Apr 29, 2010 4:26 PM

Thanks vaibav
Please clarify the below point.
if i am specify the 0000 (No depereciation) dep key on the asset master will it system allow to close the previous period by using transaction code AJAB.
Regards
K.Gunasekar

Asset Partial scraping

Hi,,
I have one asset whose value is say. Rs 8000. But the part of the asset is scrapped it becomes Rs 2000. So remaining Rs 6000 will go to gross block. In this scenario how I will partially scrap this asset value from total asset value rs 8000 and how it effect from MM stock side also ?
Kindly reply it.
With Regards,
Samrat

Hi Samrat,
The partially scrap asset will have no effect from MM Stock side.
You can do the partially scrap using t-code : ABAVN.
Do as follow:
1. In "transaction" tab, Input the date.
2. Go to "Partial Retirement" , input the amount 6000 in "amount posted".
Then choose one of this : "Prior Year acquisition" or "From current year acquisition".
If 8000 RS is acquired in prior year then you should choose "prior year acquisition". But if 8000 Rs is acquired in Current year than you should chose "From current year acquisition".
The journal, which is created by system, will be as follow :
Dr        Write Off (expense)                            6000-xxx
Dr         Accumulation of depreciation             xxxx
Cr         Asset                                             -6000
The "write off" account will be determined on your configuration in t-code : AO90.
Hope it helps.

Partial Asset scraping

Hi,,
I have one asset whose value is say. Rs 8000. But the part of the asset is scrapped it becomes Rs 2000. So remaining Rs 6000 will go to gross block. In this scenario how I will partially scrap this asset value from total asset value rs 8000 and how it effect from MM stock side also ?
Kindly reply it.
With Regards,
Samrat

Hi Samrat,
The partially scrap asset will have no effect from MM Stock side.
You can do the partially scrap using t-code : ABAVN.
Do as follow:
1. In "transaction" tab, Input the date.
2. Go to "Partial Retirement" , input the amount 6000 in "amount posted".
Then choose one of this : "Prior Year acquisition" or "From current year acquisition".
If 8000 RS is acquired in prior year then you should choose "prior year acquisition". But if 8000 Rs is acquired in Current year than you should chose "From current year acquisition".
The journal, which is created by system, will be as follow :
Dr        Write Off (expense)                            6000-xxx
Dr         Accumulation of depreciation             xxxx
Cr         Asset                                             -6000
The "write off" account will be determined on your configuration in t-code : AO90.
Hope it helps.

Income tax depreciation in india

Dear All,
How do we adress the income tax depreciation in India.
As we know the depreciation treatment for Income tax depreciation is a block concept...how do we adress that...
Could any one explain elaborately if possible...short and precise inputs are also most welcome...
Please help to resolve the issue
Sapfrido

Existing group asset concept for income tax depreciation functionality was withdrawn with Note 738919.
Following limitations/restrictions are there in the existing process.
Limitations of Group Assets
Locking
Cap on the volume of transactions u2013 99,999
Limitations of Report J1IQ
Opening Balance Calculation
Depreciation Calculation for Assets acquired and Put to use for less than 180 days
Depreciation Calculation for different fiscal year variants
Assets Acquired and Sold in the same year
Asset Block Retirement by Scrapping
Asset put to use date capture
Report Formatting Issues
The solution for IT Depreciation Calculation is being revamped and the new solution shall be available in EhP5.
If you have further query about new solution better to contact SAP by raising the OSS message by using component -XX-CSC-IN-FI

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

Runtime Error in Scrapping of asset ABAVN

Dear All,
Runtime Errors         MESSAGE_TYPE_X.
We are into ECC 6.00. I got following Error while doing Scrapping of asset using T.code ABAVN.
*Runtime Errors         MESSAGE_TYPE_X
Date and Time          18.02.2008 04:42:21
Short dump has not been completely stored (too big)
Short text
     The current application triggered a termination with a short dump.
What happened?
     The current application program detected a situation which really
     should not occur. Therefore, a termination with a short dump was
     triggered on purpose by the key word MESSAGE (type X).*
Point for sure. If problem solved.
Regards
Senthamarai kannan

Hi Mr. Mann
Runtime Errors         MESSAGE_TYPE_X
Date and Time          19.02.2008 01:46:41
Short text
     The current application triggered a termination with a short dump.
What happened?
     The current application program detected a situation which really
     should not occur. Therefore, a termination with a short dump was
     triggered on purpose by the key word MESSAGE (type X).
Error analysis
     Short text of error message:
     System error (termination point SORT_2)
     Long text of error message:
      Diagnosis
          An internal error has occurred.
      System Response
          You cannot continue with processing.
      Procedure
          Contact SAP to establish whether the error can only be rectified by
          a program correction, or whether it can also be rectified by
          changes to the settings. There may also be an error in the updating
          of the data which must be resolved.
          Specify the following parameters when reporting the error:
          o   Message           : GLT0/000
          o   Program           : SAPLGLT0
          o   Termination point : SORT_2
     Technical information about the message:
     Message class....... "GLT0"
     Number.............. 000
     Variable 1.......... "SORT_2"
     Variable 2.......... "SAPLGLT0"
     Variable 3.......... " "
     Variable 4.......... " "
Trigger Location of Runtime Error
     Program                                 SAPLGLT0
     Include                                 LGLT0FER
     Row                                     38
     Module type                             (FORM)
     Module Name                             INTERNAL_ERROR
Source Code Extract
Line SourceCde
   8 *       text
   9 ----
10 FORM internal_error USING errorcode.
11
12 * Local fields
13   DATA:
14       subseq_flag     TYPE glt0_flag.
15
16 * Error?
17   CHECK sy-subrc <> 0.
18
19 * Get subsequent posting flag
20   PERFORM subsequent_posting USING    space
21                              CHANGING subseq_flag.
22
23   IF errorcode = gc_clrbal.
24     IF subseq_flag = xon.
25       PERFORM message_send USING 'A000'
26                            errorcode
27                            sy-msgv2
28                            sy-msgv3
29                            sy-msgv4.
30     ELSE.
31       MESSAGE x000 WITH errorcode sy-msgv2 sy-msgv3 sy-msgv4.
32     ENDIF.
33   ELSE.
34 * Subsequent posting -> message handler, else -> dump
35     IF subseq_flag = xon.
36       PERFORM message_send USING 'A000' errorcode sy-repid space space.
37     ELSE.
>>>>       MESSAGE x000 WITH errorcode sy-repid.
39     ENDIF.
40   ENDIF.
41
42 ENDFORM.                    " INTERNAL_ERROR
43
44 ----
45 &----
46 *&      Form MESSAGE_STORE
47 &----
48 *       text
49 ----
50 FORM message_store.
51
52   CALL FUNCTION 'MESSAGE_STORE'
53     EXPORTING
54       exception_if_not_active = space
55       arbgb                   = sy-msgid
56       msgty                   = sy-msgty
57       txtnr                   = sy-msgno
Warm regards
kannan

Any SAP standard report on Asset scrap values?

Dear All,
Do you know of any Standard SAP report for asset scrap values? A customer needs to have the scrap values reported and would like the same in summary (asset class level) and detail (individual asset level).
Help appreciated.
Thanks and Regards,
Sameer Aroskar

Hi Sameer,
I am sending you the list of all standard reports in SAP for Asset accounting
Menu Path                                                                  Report
Asset Balances -> Balance Lists -> Asset                       Balance List
Balances
Asset Balances -> Inventory Lists -> Physical                  Inventory List
Inventory List
Notes to Financial Statements -> International                 Asset History Sheet
Explanations for P&L -> International                              Total Depreciation, Ordinary Depreciation,
                                                                                Special Depreciation, Unplanned Depreciation,
                                                                                Transfer of Reserves
DepreciationExplanations for P&L -> International            Write-Ups, Depreciation Comparison, Manual
                                                                                Depreciation
Cost Accounting                                                         Depreciation and Interest
Depreciation Forecast                                                   Depreciation on Capitalized Assets (Depreciation
                                                                                Simulation)
Preparations for Closing -> International                         Gain for Transfer of Reserves, Changes to Asset
                                                                                Master Records
Day-to-Day Activities -> International                             Asset Transactions, Asset Acquisitions, Asset
                                                                                Retirements, Intracompany Asset Transfers,
                                                                                Directory of Unposted Assets , List of Origins Of                                                                              Asset Debits, List of origin of cost elements
I Hope this will help.
Award points if of any use.

Scrapping asset

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