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Former Member
Sep 18, 2014 at 09:08 PM

FIXED ASSET RETIREMENT

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Hi,

I am Implementing SAP business one for a client and after carry out different test we notice SAP doesn't remove the accumulated depreciation of the asset after it has been retired, we disposed some assets and generated the Asset history sheet and the assets disposed still add to thee accumulated depreciation of the asset class.

This is a basic standard in accounting. It removes the Asset cost, NBV, but doesn't remove the accumulated depreciation.

Please is there a way around this need quick help.