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    SOP For Sale of Asset in SAP

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    Sharma Priyanka
    The presentation outlined the steps for fixed asset retirement in SAP. It explained how to enter the sale transaction using transaction code F-92 including entering the invoice details, allocation to the general ledger sale account, selecting the asset and transaction type for retirement, and simulating the entry. The entry generated debits the customer account and credits sale of fixed asset, tax accounts, accumulated depreciation, and fixed asset accounts while debiting sale of fixed asset and posting profit/loss.

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    SOP For Sale of Asset in SAP

    Uploaded by

    Sharma Priyanka
    139 views7 pages
    The presentation outlined the steps for fixed asset retirement in SAP. It explained how to enter the sale transaction using transaction code F-92 including entering the invoice details, allocation to the general ledger sale account, selecting the asset and transaction type for retirement, and simulating the entry. The entry generated debits the customer account and credits sale of fixed asset, tax accounts, accumulated depreciation, and fixed asset accounts while debiting sale of fixed asset and posting profit/loss.

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    SOP for Sale of Asset in SAP

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    The presentation outlined the steps for fixed asset retirement in SAP. It explained how to enter the sale transaction using transaction code F-92 including entering the invoice details, allocation to the general ledger sale account, selecting the asset and transaction type for retirement, and simulating the entry. The entry generated debits the customer account and credits sale of fixed asset, tax accounts, accumulated depreciation, and fixed asset accounts while debiting sale of fixed asset and posting profit/loss.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    139 views7 pages

    SOP For Sale of Asset in SAP

    Uploaded by

    Sharma Priyanka
    The presentation outlined the steps for fixed asset retirement in SAP. It explained how to enter the sale transaction using transaction code F-92 including entering the invoice details, allocation to the general ledger sale account, selecting the asset and transaction type for retirement, and simulating the entry. The entry generated debits the customer account and credits sale of fixed asset, tax accounts, accumulated depreciation, and fixed asset accounts while debiting sale of fixed asset and posting profit/loss.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 7

    PRESENTATION ON FIXED ASSET MANAGEMENT

    By Abhijit Borthakur

    T- Code F-92 Put the below mentioned data Document Date, Type (AA) Currency (INR) Reference (Bill No) Doc. Header Text Pstky (01 for Customer) Account (Customer Code) Enter

    Put the below mentioned data Amount (Invoice amount including tax if any) Bus. Area Text Pstky (50 for GL Credit) Account (Always put 77000029 Sale of Fixed Asset) Enter

    Put the below mentioned data Amount (Revenue) Tax Code (V0) Bus. Area Cost Center Tick on Asst Retirement Text Pstky (50 for GL Credit) Account (Put the tax GL if any) Enter

    A new screen will open Put the below mentioned data Asset (To be retire) Transaction Type (Always 210) Asset value date (Sale Date) Tick on Complete Retirement Enter

    Put the below mentioned data Amount (Tax Amount) Tax Code (V0) Bus. Area Text Go to Document Simulate

    The Entry Generated Customer A/c Dr Sale of Fixed Asset A/c Cr Tax A/c Cr Accumulated Depreciation A/c Dr Fixed Asset A/c Cr Sale of Fixed Asset A/c Dr Profit / Loss on Asset

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