ABAVL - Asset Retirement by Scrapping

SAP Transaction Code - Details

• Transaction Code: ABAVL

  Description: Asset Retirement by Scrapping

  Release: S/4HANA and ECC 6

• • Program: SAPLAMDPS2I

    Screen: 16

    Authorization Object: A_B_ANLKL

  • Development Package: FAA_SFWS_1

    Package Description: Switch Framework Objects - FIN_FAA_PARALLEL_VAL

    Parent Package: FAA_SFWS

  • Module/Component: FI-AA

    Description: Asset Accounting

Smart SAP Assistant

• SAP Tcode: ABAVL - Asset Retirement by Scrapping

  
  Overview:
  The SAP transaction code ABAVL is used to retire an asset by scrapping it. This transaction code is used to record the retirement of an asset in the system and to update the asset master record. 
  
  Functionality: 
  ABAVL allows users to retire an asset by scrapping it. This transaction code is used to record the retirement of an asset in the system and to update the asset master record. The retirement of an asset by scrapping is a process that involves removing the asset from the company’s books and records. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code ABAVL in the command field. 
  2. Enter the company code and asset number of the asset you want to retire. 
  3. Enter the date on which you want to retire the asset. 
  4. Enter a reason for retiring the asset (e.g., scrap, obsolete, etc.). 
  5. Enter a retirement value for the asset (if applicable). 
  6. Confirm your entries and save them in the system. 
  7. The system will update the asset master record with the retirement information and remove it from your books and records. 
  
  Other Recommendations: 
  It is important to note that when using ABAVL, you should ensure that all relevant information about the asset is entered correctly into the system before saving it. Additionally, you should ensure that all necessary approvals are obtained before retiring an asset by scrapping it.