Retirement of asset can be processed through sales order. Hello All: I need to sell assets through SD. How can I configure to ensure the asset gets retired and the invoice is created?To create a new asset, navigate to Accounting → Financial Accounting → Fixed Assets → Asset → Create → Asset or use Transaction code AS01. You are required to report all sales of businesses to the Illinois Department of Revenue. Disclosure of this information is REQUIRED. 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. You (or the purchaser or transferee) must complete Form CBS-1, Notice of Sale, Purchase, or Transfer of Business Assets.