Asset Transfer to Expense (P&L) Account

[Former Member]

Dear All,

I have an issue with an asset.Firstly the asset was posted and GR/IR also has been performed.Depreciation run for this asset has took place last month.

Now, I would like to transfer this asset to expense as company decided that this shouldn't be under asset.

Which t-code to use in order to perform the company's request ? Please assist and advise.

Thank you.

Regards,

Sheena.

[Former Member]

Hi Sheena,

When Company decided not to be consider this as asset then you need to process as normal expense transaction.  Check with your client and reverse the posted documents.  I may wrong but you need to check for client inputs.  Thanks.

Regards,

Inthiyaz

[Former Member]

Hi Inthiyaz,

Do you mean that i need to reverse my depreciation posting or ?? Could you please elobrate more? Do you know which t-code to use? I'm trying use AB01 as suggested by Mukthiar.

I need to get this done by next week closing.

Thank you.

Regards,

Sheena.

[former_member198650]

Hi Sheena,

You have not considered it is not asset. Then you have to write off the depreciation also. You have to enter the gross value in the amount field in AB01. Then system will automatically reverse the depreciation for the asset, when you run AFAB.

Regards,

Mukthar

[Former Member]

Hi Mukthar,

Below is the master date of the said asset.

What i did was , i have actually changed the depreciation keys to '0000'.

So the depreciation reversal will take place in current month.

Now the problem i can't perform the AB01 due to my invoice posting.The error that apprears when i tried posting using AB01 is 'Acquisition value negative in area 32'.

Please advise as it's also involving invoice posting as the invoice posting was done using PO.T-code 'MIRO'.

Thank you.

Regards,

Sheena.

[former_member198650]

Hi Sheena,

Same thing you have to do for remaining amount as you did earlier. Do you have any values posted for dep.area 32? Please confirm.

Regards,

Mukthar

[Former Member]

Hi Mukthar,

I'm totally confused.I'm very sorry.Where can i find whether there's any values posted for dep. area 32 ? Is the below screeen is sufficient ?

Thank you.

Regards,

Sheena.

[former_member198650]

Hi Sheena,

There is a value 9705.49 EUR exist for dep.area 32. After execution of AB01 with transaction type 105, you have to click on line items and provide the value as 9705.49 for area 32. After that you simulate and save the document. If you get any error, please share it.

Regards,

Mukthar

[former_member198650]

Hi Sheena,

You can use AB01/ABSO and select transaction type 105. After executing it you have to select the expense account in offsetting acct field.

Regards,

Mukthar

[Former Member]

Hi Mukthar,

Thanks alot and what is the amount that need to be captured ? The value of the asset is MYR 41097.40 and the depreciation run was performed for MYR 856.20.

Please advise.

Thank you.

Regards,

Sheena.