AA629 - Enter a transaction type suitable for the values of asset &1&

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 629

• Message text: Enter a transaction type suitable for the values of asset &1&

INCLUDE 'AA_AFA_ERROR' OBJECT DOKU ID TX LANGUAGE E

What causes this issue?

Either only legacy asset data exists on asset &V1& or it was capitalized
in the current fiscal year.
The system therefore expects that you use a transaction type that refers
to legacy asset data or current-year acquisitions in accordance with the
existing values.

System Response

The posting is rejected.

How to fix this error?

Enter a transaction type that matches the values of the fixed asset.

Error message extract from SAP system. Copyright SAP SE.

AnswerBot

• What is the cause and solution for SAP error message AA629 - Enter a transaction type suitable for the values of asset &1& ?

  The SAP error message AA629 ("Enter a transaction type suitable for the values of asset &1&") typically occurs in the Asset Accounting (FI-AA) module when you are trying to post a transaction related to an asset, but the transaction type you have selected is not compatible with the asset's current status or configuration.
  Cause:
  
  Incompatible Transaction Type: The transaction type you are trying to use may not be valid for the asset in question. For example, if the asset is already fully depreciated, certain transaction types (like acquisition) may not be applicable.
  Missing Configuration: The transaction type may not be configured correctly in the system for the asset class or the specific asset.
  Asset Status: The asset may be in a status that does not allow the transaction type you are trying to use (e.g., retired, scrapped).
  Transaction Type Settings: The settings for the transaction type in the configuration may not allow the transaction you are trying to perform.
  
  Solution:
  
  Check Asset Status: Verify the current status of the asset. If the asset is retired or scrapped, you may need to select a different transaction type.
  Review Transaction Type: Ensure that the transaction type you are using is appropriate for the asset. You can check the allowed transaction types for the asset class in the configuration.
  Configuration Settings: Go to the configuration settings for Asset Accounting (Transaction code: SPRO) and check the settings for the transaction type. Ensure that it is configured correctly for the asset class and the type of transaction you are trying to perform.
  Consult Documentation: Refer to SAP documentation or your organization's internal guidelines for the correct transaction types associated with different asset statuses.
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or a consultant who specializes in Asset Accounting.
  
  Related Information:
  
  Transaction Codes: You may find it useful to familiarize yourself with relevant transaction codes such as:
  
  AS01: Create Asset
  AS02: Change Asset
  AS03: Display Asset
  AB01: Post Document for Asset
  
  
  Configuration Path: The configuration for transaction types can typically be found under:
  
  SPRO > Financial Accounting > Asset Accounting > Transactions > Define Transaction Types
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues or bugs related to this error message.
  
  By following these steps, you should be able to identify the cause of the error and take appropriate action to resolve it.