Dear Experts,
I'm working on an interesting business case. We've posted the retirement of fixed asset in ABAVN. As a result of asset retirement the company received scrap materials (e.g. steel parts) that can be sold to third parties or written off to assets under construction. Could you please advise me what is the best practice for accounting for scrap materials in such cases?
Can we somehow integrate the receipt of scrap material with asset retirement via custom operation type? Should we treat these materials as received after physical inventory process or should we post goods receipt with some custom materials' movement type?
Thank you!