Apr 292 min read

Asset Retirement with Customer in SAP S/4 HANA

1:-Current Asset (AS01)

AS01 is used to create a new asset master record in SAP. It allows you to define the characteristics and attributes of an asset, such as its description, class, location, and cost center.

click on Master Data

Time dependent

Origin tab and select Vendor

Dep. area tab

Click on Save

The asset 101 0 is created

2:-Asset Purchase (F-90)

Asset purchase refers to the acquisition of tangible or intangible assets for a company's use, such as machinery, equipment, vehicles, buildings, or software licenses.

Enter

31 Posting Key Vendor Credit Invoice

Enter

Posting Key 70 Debit Asset and Transaction type 100

Click on post Document

1900000051 was posted in company code C001

3:-Depreciation Posting Run (AFAB)

The depreciation run is a periodic processing program in asset accounting that posts planned depreciation to all relevant assets. Most companies execute the depreciation run every month, although you could run this program on a quarterly or yearly basis.

Click on Execute in Background

Output Device LP01 and Enter

Click on Immediate and Save

4:-Asset Explorer AW01N

Asset Explorer shows all the values of a fixed asset, including APC values and depreciation, in various forms and summarization levels. Planned values are displayed, as well as values already posted. You use this function to display and analyze asset values from the source.

Posted Values

5:-Asset retirement With Customer (F-92)

Asset retirement in SAP means to remove the asset from our portfolio. We retire assets when they're no longer useful to our business. There can be many reasons for an asset to no longer be useful. With technology improving rapidly, machinery and software can become economically obsolete.