Asset sale through SAP SD

1) First Asset Retirement Without Customer must be done (ABAON)

Sale of Asset A/C Dr (Sale Value Of Asset)
Dep Reserve A/C Dr (Accumulated Dep)
Loss On Sale Of Asset A/C Dr (If Loss)
To Profit On Sale Of Asset A/C (If Profit)
To Asset A/C (Acquisition Value)
2) Create asset as Material taking the material type as Non Valuated
3) Raise a sales Order
4) Do the Outbound Delivery
Asset Code A/C Dr
To COGS A/C
5) Billing
Customer A/C Dr
To Sale Of Asset A/C (This is Knocking of W/R to First Entry)
To Cenvat Suspense A/C (BED)
To Cenvat Suspense A/C( CESS)
To Cenvat Suspense A/C (SECESS)
To VAT Or CST A/C
6) Excise
Cenvat Suspense A/C Dr
ED Payable A/C Cr
Cess Payable A/C Cr
SHECess Payable A/C Cr
If Sale of Asset is Direct FI Entry :Customer A/C D
Dep Reserve A/C Dr
Sale Of Asset A/C Dr
Loss On Sale Of Asset A/C (If Loss)
To Profit on Sale Of Asset (If Profit)
To Sale Of Asset A/C
To VAT Collection A/C
To Asset A/C (Cr with asset acq.val)