AB08- Reverse Asset posting-This tcode is used to reverse an asset posting.
If the posting generated from Asset accounting, you cannot use FB08 to reverse this posting.
You will need to use AB08. you might have entered the wrong amount or used an incorrect asset etc. hence you need to reverse the posting.
After entering this info, SAP will show you the list of transactions posted to this asset in the selected company code and year.
Select the transaction by clicking the left and then click on the reverse icon
Enter the reversal reason and the posting date on which you want to reverse this along with other information.
you can do a dropdown to look at all the reversal reasons.
Select one and click on the green arrow.
You will see the transction that it is going to post.
If everything looks good, click on the save icon on the top of the screen.
The asset transaction is posted.