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author's profile photo Suri Ch
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Suri Ch

Partial Asset Retirement

Posted on Oct 08, 2010 at 12:41 PM 487 Views

Hi All,

We have purchased one asset from vendor.Now we want to return the partial asset (partial amount) to the vendor.For that We made an entry by using T.Code ABAVN.System has passed the entry as below.

Acc.Dep Debit

Loss on sale of Asset Debit

Fixed Asset Credit

Now We should knock off that partial amount from the vendor account. Supposed entry is as below

Vendor Account Debit

Loss on sale of Asset Credit

Acc Dep Credit

To get the above entry we are using F-51.

My doubts are is that transaction code is correct to get the above entry?If it is correct

Now I am getting

Account 322102 in company code WFP1 cannot be directly posted to

Message no. F5354

Diagnosis

Account "322102" in company code "WFP1" is marked as a reconciliation account for account type "A" and cannot therefore be directly posted to.

System Response

Error

Procedure

Select a different account.

Please help me

Regards,

Schilukuri

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2 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Oct 08, 2010 at 12:44 PM
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    Hi, seems account 322102 is Asset rec. account, and not allowed to post to it directly, it have derived from asset.

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  • author's profile photo Former Member
    Former Member
    Posted on Oct 08, 2010 at 12:52 PM
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    First you have to tick Reconcil.acct ready for input in gl master than sys will allow you to post in the gl.

    Thanks

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