Manual Posting of Intercompany Asset Transfer/Retirement (SAP Library

Manual Posting of Intercompany Asset Transfer/Retirement

Procedure

Determine the company receiving the asset.

If you want to post the asset against a customer account, make sure that the ID of the partner company is entered in the customer master record.

When posting without a customer (to a clearing account) you must determine the number of the receiving company in the FI-LC system (Consolidation: Master data ® Display).

Determine the retirement costs and the amount of gain on the sale, if any.

Post the asset retirement using transaction type 220/230 (retirement of prior-year acquisitions without/with revenue), or 270/275 (retirement of current-year acquisitions without/with revenue). For more information, refer to Asset Retirement.