Symptom
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You create a Customer Invoice over the full Net Amount of Fixed Asset XYZ (XYZ represents the Fixed Asset ID).
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You expect Fixed Asset XYZ to be fully retired after the sale.
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Instead, the Fixed Asset is still in status Capitalized.
- For the German Tax Set of Books the asset is marked as Low-Value Asset. You notice a Retirement Date, but the Deactivation Date is missing.
- For the respective Valuation view, DE0010, the Retirement Posting is posted with a zero amount.
- Depreciation Amounts are still calculated.
Environment
SAP Business ByDesign
Reproducing the Issue
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In the Fixed Assets work center go to the Fixed Assets view.
- Show all Fixed Assets and find Fixed Asset XYZ.
- Its status is Capitalized.
- Press Edit-Master Data and select the Life Cycle Data sub-tab.
- For the German Tax Set of Books, the Asset is marked as Low-Value Asset, A Last Retirement Date is maintained but the Deactivation Date is not set and not editable.
- Switch to the Master Data - Asset Valuation tab.
- Select the Tax Valuation valuation view. The Depreciation method maintained is L200 - Str.-line 20% LowValueAsset German Tax.
- Switch to the Values tab.
- Select the Tax Valuation Valuation view and then navigate to the Depreciation Overview sub-tab: Depreciation amounts are calculated for the (remaining) useful life of the Fixed Asset.
- Navigate to the Journal tab: The Retirement posting, generated with the Customer Invoice posting, is posted with a 0,00 EUR amount.
Cause
For the tax-based Valuation View DE0010 the Default Depreciation method for Low-Value assets is set to Depreciation method L200 - Str.-line 20% LowValueAsset German Tax by default. According to the German legal Tax requirements a straight-line depreciation of five years applies.
From the legal perspective, an LVA maintained with the L200 depreciation method cannot be retired or deactivated during the five-year depreciation period. Therefore, Depreciation amounts are still calculated, the retirement generated with the Customer Invoice is posted with a 0,00 EUR amount and the Deactivation date of Fixed Asset XYZ is not set.
Resolution
The system works as designed.
See Also
Keywords
Retirement; Fixed Asset Depreciation; Tax based Valuation View; Tax; Capitalized after Retirement; Anlage nicht abgegangen; Bewertungssicht; Anlagenabgang , KBA , valuation view tax , retirement fixed asset , low value asset , german set of books tax , SRD-FIN-FA , Fixed Assets , Problem