hi when iam doing asset sale by f-92 dr customer dr asset sale and cr asset acccount then it is saying retire ment can be possible by only revenue element.
what it means?
U-one U-one replied
in F-92 , you only entry this posting :
50 sales fixed asset
Tick Field"asset retirement" (See how to show up this field on this ***), Enter Asset Information.
Afterwards, you have to simulate the document (Choose Menu Document => SImulate). System will create following journal automatically :
70 ACc. Depreciation
40 Clearing acct. revenue from asset sale
40/50 Gain/Loss from asset sale
In order to get the Field "asset retirement" show up when you enter Account "Sales Revenue" , Follow these steps :
Go to FS00, check the Field status group for this G/L Account.
Field Status group can be found in tab "Create/bank/interest".
Double click on the Field status group then choose Asset accounting group.
*You have to set "Asset retirement" into "Opt entry".
If it is set to "suppress" then you have to change it into "Opt Entry".
Change it in this path :
Go to Spro => Financial Accounting => General Ledger accounting => Bussiness transaction => G/L account posting => Make and check document settings => Define field status variant.