This document provides instructions for retiring or scrapping an asset in SAP asset accounting. It outlines entering the company code, asset details like number and dates, and simulating the transaction to validate the information before posting and completing the asset retirement. The system will generate a document number after successful posting.

1. Asset Retirement in SAP Asset Accounting Environment:

2. Enter your company code

3. Enter Company code, Asset Number, Doc Date, Posting Date and Asset Value Date. Text can be Asset Scrapped or Asset Retired

4. Simulate button on the top left , make sure everything looks good ie asset number, company code, date, and loss if any.

5. Post (Save) the entry
After posting, system will generate the Document number and you are done ☺

6. Contributor: Sumendra Shrestha is a Boston based SAP Consultant, can be directly reached at sumenboston@gmail.com