Partial Asset Scrap ?

[Former Member]

Hello,

All Experts,

I have one asset which was capitalised in 2006 which has values of 1 Lakhs. Onwards by time due to some problems

new asset created against it which got values of Rs.21 Lakhs. Now my question is can I do partial asset sale or deactivate

so that I will have the value only of Rs.1 Lakhs as it was previous?

Which T.code I need to use ?

Your valuable suggestions are appreciable.

Regards,

Pankaj.

[Former Member · Accepted solution]

ABAVN - Asset Retirement by Scrapping

On the tab Partial retirment you can fill in the ammount you want to scap (21-1=20)

[Former Member · Accepted solution]

Hi,

Paul.

Thanks for your quick reply.

Is this partial retirement through ABAVN will calculate retirement on my Acquisition value or Net book value ?

E.g :- APC is 25000 but NBV is 23998 so on which amount it will calculate ?

Regards,

Pankaj.

[Former Member · Accepted solution]

Both

[Former Member · Accepted solution]

Hi Pankaj

Give the value in amout posted field and select the prior year acquisation radio buton and select TType: 200 for Retairement without revenue.

I hope it is resolve.

Regards

PVC