2932592 - Error Message: 'Account determination is missing for item type Scrapping of Fixed Assets'

You are trying to scrap a fixed asset, however an error message for missing account determination for item type Scrapping is raised.

SAP Business ByDesign.

1. Go to Fixed Assets work center.
2. Go to Fixed Assets view.
3. Find the related asset.
4. Click Manual Posting -> Complete Scrapping.
5. Enter relevant data and click Simulate.

The following errors are raised: 

• 'Account determination is missing for item type Scrapping of Fixed Assets. Specify account determination in chart of accounts <chart of accounts ID> and account determination profile <account determination profile ID>. Column Path Fixed Assets->Asset Sale/Scrapping->Loss from Scrapping, Item Type Scrapping of Fixed Assets.'
• 'Journal entries for journal entry voucher cannot be simulated'

The account determination group of the fixed asset is not maintained in the account determination profile.

You may check the account determination of the concerned asset as follows:

1. Go to Fixed Assets work center.
2. Go to Fixed Assets view.
3. Highlight the related asset and click Edit -> General. 
4. On the top of the screen that opens, you find the asset class and account determination group.

Once you find the account determination group, you maintain the account determination via below steps:

1. Go to Business Configuration work center.
2. Go to Implementation Projects view.
3. Open the activity list.
4. Search and open activity Charts of Accounts, Financial Reporting Structures, Account Determination.
5. Under Account Determination section, click Fixed Assets.
6. Click tab Fixed Asset Sale/Scrapping.
7. Select the relevant account determination profile.
8. Maintain the account determination group for the asset.

Manual Postings. Fixed Asset. Account Determination Profile. , KBA , AP-ACC , Business ByDesign: Financial Accounting , How To