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Transaction Code: ABAKN
Description: Last Retirement on Group Asset
Release: S/4HANA and ECC 6
Program: SAPLAMDPS2I
Screen: 13
Authorization Object: A_B_ANLKL
Development Package: AB
Package Description: Asset Accounting
Parent Package: APPL
Module/Component: FI-AA-AA
Description: Basic Functions
Overview: The SAP transaction code ABAKN is used to retire a group asset in the SAP system. This transaction code is used to record the retirement of a group asset, which is a collection of individual assets that are grouped together for accounting purposes. Functionality: ABAKN allows users to retire a group asset in the SAP system. This transaction code is used to record the retirement of a group asset, which is a collection of individual assets that are grouped together for accounting purposes. The retirement of a group asset is recorded in the Asset Accounting (FI-AA) module and can be used to track the depreciation of the individual assets within the group. Step-by-step How to Use: 1. Enter transaction code ABAKN in the command field. 2. Select the company code and enter the group asset number. 3. Enter the retirement date and select “Last Retirement” from the drop-down menu. 4. Enter any additional information, such as comments or notes, if necessary. 5. Click “Save” to record the retirement of the group asset in the system. Other Recommendations: It is important to note that when retiring a group asset, all of the individual assets within the group must also be retired in order for the retirement to be recorded correctly in the system. Additionally, it is recommended that users check with their local accounting department before retiring any assets in order to ensure that all necessary steps are taken and that all relevant information is recorded correctly in the system.
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