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asset a/c

Former Member
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hi sap gurus,

when ever u have to sale of asset in f-92 the system automatically generated 6 linte items, in that entry

01 CUSTOMER A/C................DR

70 ACCEU DEP A/C...............DR

40 ASSET SALE A/C..............DR (C)

50 TO ASSET SALE A/C (C)

75 TO ASSET ACCOUNT

50 TO PROFIT ON SALE OF A/C

here contra entry appears. what is the reason. pl explain

with regards

raj

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Answers (1)

Answers (1)

Former Member
0 Kudos

hi

can you the figures in the example and i will explain you

Former Member
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hi vimal,

my question is whly contra entry appers in asset slae. what is the reason. if the valuses are like this

ASSET PURCHASEING COST - 5,00,000

(--) ACC DEPRECIATION - 1,438

THEN NET BOOK VALUE - 4,98,562

ASSET SAKE - 5,01,000

PROFIT ON SALE - 2,438

01 CUSTOMER A/C................DR 5,01,000

70 ACCEU DEP A/C...............DR 1,438

40 ASSET SALE A/C..............DR (C)5,01,000

50 TO ASSET SALE A/C (C) ..............5,01,000

75 TO ASSET ACCOUNT ....................5,00,000

50 TO PROFIT ON SALE OF A/C..............2,438

this is actul entry for asset sale with customer in F-92.

with regards

raj

dominic_holdstock
Active Contributor
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Hi,

The reason is that there is the option to post the invoice and the disposal seperatly.

Hence the requirement for the contra entries

Regards