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Asset Billing

Former Member
0 Kudos

Hi Experts,

Please explain the process of Asset Billing?

Regards,

Ashutosh

Accepted Solutions (1)

Accepted Solutions (1)

Lakshmipathi
Active Contributor
0 Kudos

Check these threads

[Asset Sale |]

[Re: Sale of asset with customer |]

thanks

G. Lakshmipathi

Answers (1)

Answers (1)

Former Member
0 Kudos

Hi,

As for as sale of fixed assets are concerned which happens very rare, these can be classified as

Retirement of Assets may be be with some profit or loss or Sale of Scrap Assets. The sale of

assets are done through asset management area as during these transaction, the depreciation,

accumulated depreciation, loss or profit on sale of assets are simultaneously calculated and posted

by the system. As these are managed seperately outside MM area (not as an Inventory), they

are normally not covered through SD billing procedure. I hope I am right what you have asked.

Regards,

Sadashivan