on 11-28-2007 3:15 PM
plz explain how to do asset retirement without customer and with scrap value
From accounting view, asset can be retired either by selling it to customer (and in this case revenue or costs can appear, depending on asset current value and sales value) and transaction for this is F-92. Other case is scraping of asset which represents simple "throwing asset away" and in that case you have only costs and transaction is ABAON.
regards
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transaction ABAON
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