i want to close asset accounts in SAP

[Former Member]

hI guru;s

Our client would like to stop using asset accounting from period 2 2010 and they used upto 2009. They are asking to close the asset accosting in SAP.

What is the best solution for them?

kind regards

Sunitha

[MarkusBredel · Accepted solution]

Hi,

you could use the "mass retirement" functionality. Start the asset balances report for the company code at end of period 2, then choose on the output list the function "create worklist": Worklist type to be used is "mass retirement". That would retire all your acitve assets in the company code.

Just because I am curious: how will the customer manage the fixed asset subledger in future?

Regards,

Markus

[Former Member]

Make a LSMW for ABAVN - Asset Retirement by Scrapping

Extract from ANLA all active assets (not deactivated)

The postings what this create you have to correct manual to de correct G/L account. This action you do on 28.02.2010

[Former Member]

Hi Paul

many thanks. could you explain bit in details, what to correct and how to correct

thanks in advance

kind regards

sunitha

[Former Member]

The retirement create postings in FI on the asset balance sheet accounts and P&L accounts.

The posting from the retirement is like

DEB Loss on asset retirement

DEB Cum depr bal sheet account

Cred Cum acquisition value

from then I think you are going to post it manual in FI. For this you have to set-up new G/L accounts and repost the values from the Loss on asset retirement to the new balance sheet accounts for asset accounting.