What is the Transaction code for Asset Retirement. What is the Transaction code for Asset Transfer.First create an asset master record. Then you enter the asset in the purchase order that results from the purchase requisition. First of all you have to see in which process you are doing acquisition of assets. There are a number of ways to purchase Fixed Assets in SAP ByDesign. F90 Overview This tcode is used to purchase an asset directly. This allows for the asset to be capitalized on purchase. SAP's Asset Accounting component includes the most powerful report available for fixed assets: the Asset History Sheet. Learn the foundations of fixed asset accounting, including definitions, formulas, and applications.