Retirements 
Retirements
Use
An actual retirement of an investment measure (for example, scrapping) has to be shown on the books as a retirement of the accompanying asset under construction. A retirement has to be distinguished from a return, which is only posted as a debit reversal on the order.
Features
Debit Reversal
It is basically possible to post a retirement like a debit reversal. The requirement is, however, that costs were posted for at least the same amount (as the retirement) to the investment measure in the same year. However, if you post a retirement as a debit reversal, it appears in the asset history sheet as a reduction of acquisitions and not as a retirement. This means that the identification in the asset history sheet is not completely correct.
Correct Display in the Asset History Sheet
In order to provide for a correct display in the asset history sheet, you have to use a different procedure. There are two options, depending on whether the investment measure is set up for line item settlement or summary settlement (refer to
Settlement of Investment Measures):Settle the line items or amounts from the investment measure to a different asset in the FI-AA component. This asset has to have the same reconciliation accounts and the same valuation rules as the asset under construction for the investment measure, but it must be created for direct posting (that is, it cannot be an investment measure). You can then post the retirement from this asset using the posting transactions of the Asset Accounting (FI-AA) component.
When the investment measure is managed for summary settlement, you do not need the extra step of settling to another asset. You can post the retirement directly on the asset under construction belonging to the investment measure using the retirement transaction of Asset Accounting.
See also:
Posting Retirement without Revenue (Scrapping)