Diagnosis

The system could not find account 'KTERLW : Clearing Acct. Revenue from Ass' for company code ADD1 in depreciation area 01 when creating the journal entry.

Procedure

1. Check whether a G/L account is defined in the account determination of Asset Accounting (in Customizing for Asset Accounting, for example under Assign G/L Accounts or under Define Offsetting Account for Legacy Data Transfer).

2. Check whether the defined G/L account is created in your company code.

3. Define a G/L account or create the G/L account in your company code.

SOLUTION:

STEP: Go to T code AO90 and maintain Asset Sale clearing Account for Dep Area 01

Thanks,

Adharsh KS