Can we handle the Asset sales through SD? If so pl walk me through the settings required from SD end ....Or it has to be taken care by FI?
G Lakshmipathi replied
Yes you can follow either SD or FI.
If you follow SD route, you can adopt the normal OR-LF-F2 process. The only thing you have to take into consideration is that Duty and Tax parts.
It is enough if you raise invoice with duty what you already paid at the time of purchase, and not on the date of sale but tax you have to pay the current percentage.