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 Manual Posting of Intercompany Asset Transfer/Retirement Locate this document in the navigation structure

Procedure

  1. 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).  

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

  2. 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 .