How to Reverse Asset Transaction in SAP S4 HANA – AB08

How to Reverse Asset Transaction in SAP S4 HANA, using T code: AB08.

Check the asset explorer T code: AW01N. Balance is Rs. 90000.

Go to T code: AB08.

Give the Company code, Asset number, Sub asset number, Fiscal year and press enter button.

Now all the transactions of the asset master will be displayed.

Select the transaction which need to be reversed and click on Reverse button.

Popup will come, give Reversal posting date, posting period, reversal reason and click on continue button.

Displayed with accounting entry.

Now click on post button.

Asset transaction was posted.

Now check the asset explorer T code: AW01N. Now balance becomes Rs. 100000.

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Explained: How to Reverse Asset Transaction in SAP S4 HANA, using T code: AB08.