And when you enter information in account sales revenue, you will see field "Asset Retirement", Tick this field and click enter. This is a demo on SAP S4HANA 2021 for the process of fixed assets Sale, also called Retirement or Scrapping with revenue.To create a new asset, navigate to Accounting → Financial Accounting → Fixed Assets → Asset → Create → Asset or use Transaction code AS01. In this video I would like to show you on how to do the asset retirement. I get the error that the clearing account is not allowed to be a balansheet account, even though it is defined as a balasheet account in the gl masterdata. This Job Aid details the procedure for the retirement of an asset.