Drawer FA 2

[Former Member]

Hi All,

in what drawer should I place the following accounts that relate to Fixed Asset G/L Acct Determination:

Sales revenue for Asset SAles Net

Asset retirement with exp. net

Revenue for asset retirement net

Pls give advice. TIA

Edu

[ivy_zhang · Accepted solution]

Hi Edu,

Different localizations may have different drawers by system design.

If your chart of account is similar as UK licalization, the accounts reside in the drawer of 'Non-operating income and expenditure' .

Regards,

Ivy

[Former Member · Accepted solution]

I am using SAP B1 2007A SP00 PL30 Lawwset : AU

Pls give advice if I use AU

Tks

Edu

[ivy_zhang · Accepted solution]

Hi Edu,

AU is similar as UK. The drawer of 'Non-operating income and expenditure'.

Regards,

Ivy

[suemc · Accepted solution]

Hi Ivy,

I'm in AU and am trying to retire an asset that was traded-in as part of the purchase of a new similar asset (camera).

What I need to know is, which draw does the "Revenue Clearing Account" sit, in the B1 Chart of Accounts?

When I go to create the A/R "Item" invoice to "sell" the old camera to the supplier, I don't see the Revenue Clearing Account I created under Liabilities, which is where all our other clearing accounts sit, as an option.

All assistance greatly appreciated!

Sue