ABAVN not posting to Reserve Asset

[Former Member]

We are retiring(partial retirement) an asset via ABAVN. However; the transaction is posting the partial amount to Gain/Loss G/L instead of reserve asset tied to main asset being retired. Any insight?

We have checked AO90 T-Code and it is configured correctly. This is only happening to few specific transaction types.

[Former Member]

Dear Akhil,

For assignment of Reserve -Asset account during asset Retirment please follow following TCode-

AO90- Assign Reserve account General ledger in Field- Loss on asset sale or Gain on asset sale.

OBA5-During General ledger assignment error will show so use this code and convert message E to W

ABAVN- following entry will show

[former_member198650]

Hi Akhil,

When you scrap the asset by ABAVN, the system will pass below entry:

Asset Scrapping/loss on asset Dr

Asset A/c Cr

Hence system is behaving correctly. It should post to P&L account not to any reserve account. So check with your accounts team.

Regards,

Mukthar