ABAVN - Asset Retirement by Scrapping

SAP Transaction Code - Details

• Transaction Code: ABAVN

  Description: Asset Retirement by Scrapping

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Financial Accounting > Fixed Assets > Posting > Retirement > Asset Retirement by Scrapping
  • Accounting > Investment Management > Assets > Posting > Retirement > Asset Retirement by Scrapping

• • Program: SAPLAMDPS2I

    Screen: 16

    Authorization Object: A_B_ANLKL

  • Development Package: AB

    Package Description: Asset Accounting

    Parent Package: APPL

  • Module/Component: FI-AA-AA

    Description: Basic Functions

Smart SAP Assistant

• SAP Tcode: ABAVN - Asset Retirement by Scrapping

  
  Overview:
  The SAP transaction code ABAVN 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: 
  ABAVN 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 it 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 ABAVN 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 any additional information about the retirement (e.g., scrap value, etc.). 
  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 retiring an asset by scrapping it, you should ensure that all necessary documents are completed and filed properly in order to comply with local regulations and laws. Additionally, you should ensure that all relevant stakeholders are informed of the retirement of the asset in order to avoid any potential issues or disputes in the future.