AA961 - Asset class &: Unit of measure missing for LVA w/ collective management

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 961

• Message text: Asset class &: Unit of measure missing for LVA w/ collective management

What causes this issue?

Asset class &V1& is set up for low value assets which are quantitively
managed. The unit of quantity is only maintained at asset class level.
There is no quantity unit entered for the asset class.

System Response

Without the unit of quantity it is impossible to create a master record
for collective management.

How to fix this error?

You have the following options:
Enter the unit of quantity in asset class &V1&. Go to asset class
maintenance to do this.
Change the maintenance level of screen layout &v2& for asset class &V1&
and define it so that maintenance is allowed at asset main number
level.

Error message extract from SAP system. Copyright SAP SE.

AnswerBot

• What is the cause and solution for SAP error message AA961 - Asset class &: Unit of measure missing for LVA w/ collective management ?

  The SAP error message AA961 indicates that there is a missing unit of measure for an asset class when using collective management in Asset Accounting (FI-AA). This typically occurs when you are trying to create or manage an asset that is set up for collective management, but the system cannot find a unit of measure defined for the asset class in question.
  Cause:
  
  Missing Unit of Measure: The asset class you are trying to use does not have a unit of measure defined in the configuration.
  Incorrect Configuration: The asset class may not be properly configured for collective management, which requires specific settings, including the unit of measure.
  Data Entry Error: There may be an error in the data entry process where the unit of measure was not specified or was incorrectly entered.
  
  Solution:
  To resolve the AA961 error, follow these steps:
  
  
  Check Asset Class Configuration:
  
  Go to the transaction code OAOA (Define Asset Classes).
  Select the relevant asset class and check if the unit of measure is defined.
  If it is missing, you will need to enter the appropriate unit of measure.
  
  
  
  Define Unit of Measure:
  
  If the unit of measure is not defined, you can define it in the asset class settings.
  Ensure that the unit of measure is appropriate for the type of assets you are managing.
  
  
  
  Collective Management Settings:
  
  Ensure that the asset class is correctly set up for collective management. This can be checked in the same configuration area.
  Verify that all necessary fields are filled out correctly.
  
  
  
  Data Entry Review:
  
  If you are entering data manually, double-check that you have specified the unit of measure correctly in the asset master record.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for additional guidance on setting up asset classes and units of measure.
  
  
  
  Testing:
  
  After making the necessary changes, try to create or manage the asset again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) for managing assets.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles: Ensure that you have the necessary permissions to make changes to asset class configurations.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Asset Accounting.