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Deletion of asset

Hello,

Their are couple of related issues, which my client has discovered after a long time.

1. My client has uploaded CWIP Asset in SAP through GL upload as legacy data on 01.12.2012 amounting to say Rs.10000.00/- out of which Rs.1000/- is required to be removed from AR01 Register.

I don't know how as per them their GL balance is coming correct and they want to remove it only from Asset side (AR01).

2. Their is another asset which they want to remove from Asset side (AR01) as their GL balance is coming correct.

For both of the above scenarios, transactions has been posted between the date the balances were uploaded to till date.

Regards,

Vineet Kothari

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2 Answers

  • Posted on Aug 15, 2014 at 03:24 PM

    Hello Vineet,

    It it not totally clear what you require, however I have provided some information on

    1)In relation to transaction AR01,
    You can delete the whole worklist with report RSWWWIDE (see note 49545)
    A worklist is a workitem with typ 'A' You can also delete the workitem
    in the inbox which is assigned to the worklist.

    2) Please note that to delete assets, those assets must be:

    1. Never posted to
    2. Must be deactivated.

    Also a delete flag can only be set for deactivated assets that were retired
    through a complete retirement or a complete transfer posting, or for new
    assets that have not yet been posted to, BUT WERE NOT ENTERED AS OLD
    ASSETS DURING THE ASSET DATA TRANSFER FROM A PREVIOUS SYSTEM. These new
    assets can also be physically deleted.

    As per note 1818 says, archiving for Assets Master Data will work for
    those assets that are already deactivated or for those assets do not
    deactivated but which has never received postings.

    Hope this helps

    regards

    Ray

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    • Former Member Raymond Moynihan

      Hello Raymond,

      Thank you for your reply.

      But in this case, financial accounting is correct. Only asset accounting needs to be changed. As per your above note, it will impact both FI and AA. Please suggest.

      Regards,

      Vineet Kothari

  • Posted on Sep 27, 2014 at 11:34 AM

    Hi Vineet,

    1. You have to post negative postings with TTY 101/105 for the asset by AB01/ABSO. Here system will reduce the balance in AA & FI side. Later you have to make adj.entry to asset reconciliation account by ABF1. The entries will be:

    AB01/ABSO With TTY 101/105

    Legacy asset clearing A/c Dr

    Asset A/c Cr

    ABF1

    Asset A/c Dr (posting key 70 - select asset reconciliation account - not require TTY)

    Legacy asset clearing A/c Cr

    The legacy asset GL balance is nullify and your AA & GL will match with above entries.

    Regards,

    Mukthar

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