Posting partial retirement without revenue to asset with expired useful life

[AnuragBiswanath]

Hi all,

I have situation where our finance department wants to post 'Partial retirement without revenue (Scrapping)' to an asset whose useful life is expired and is at 5% salvage value. The issue is that they want the difference between Partial Gross Block (the amount being retired) and Cumulative Depreciation account to post to a Loss account (P&L). System, however is posting the difference to Cumulative Depreciation account only. For active assets with remaining useful life, the difference is getting posted to Loss Account only.

Can you help?

Note:

1. The setting in AO90 is properly maintained against the specific account determination, i.e. proper GL account is maintained in field KTREST - 'Loss Made on Asset Retirement w/o Reven.' 
2. 'Neg. Vals Allowed' tick is checked in the specific depreciation area (01- Book depreciation) of the asset master.

[HakanHaslaman]

A possible issue could be with system configuration or settings. To troubleshoot, please verify useful life, salvage value, and depreciation key and a double-check partial retirement details.
Ensure correct GL account and verify settings for asset retirement without revenue.