How To Fix 60418 - No free assets defined for properties

SAP Error Message - Details

• Message type: E = Error

• Message class: 60 - Real Estate

• Message number: 418

• Message text: No free assets defined for properties

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message 60418 - No free assets defined for properties ?

  The SAP error message 60418, "No free assets defined for properties," typically occurs in the context of asset accounting or when dealing with fixed assets in SAP. This error indicates that the system cannot find any available (free) assets that meet the criteria for the operation you are trying to perform, such as an acquisition, transfer, or other asset-related transactions.
  Causes:
  
  No Available Assets: There are no assets defined in the system that match the criteria for the transaction you are attempting.
  Incorrect Asset Class: The asset class you are trying to use may not have any defined assets.
  Configuration Issues: There may be configuration issues in the asset accounting settings that prevent the system from recognizing available assets.
  Data Entry Errors: Incorrect data entry in the asset master record or transaction data could lead to this error.
  Authorization Issues: Lack of proper authorization to view or access certain assets may also trigger this error.
  
  Solutions:
  
  Check Asset Master Records: Verify that the asset master records exist and are correctly configured. Ensure that the assets are marked as "free" and are not fully depreciated or retired.
  Review Asset Class Configuration: Ensure that the asset class you are using is correctly set up and has the necessary parameters defined.
  Transaction Data Review: Double-check the transaction data you are entering to ensure it aligns with the existing asset records.
  Authorization Check: Ensure that you have the necessary authorizations to access and manage the assets in question.
  Consult with SAP Support: If the issue persists, consider reaching out to SAP support or your internal SAP team for further assistance. They may be able to provide insights based on system logs or configuration settings.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) to manage asset records.
  Asset Accounting Configuration: Review the configuration settings in the Asset Accounting module (transaction code SPRO) to ensure everything is set up correctly.
  Documentation: Refer to SAP documentation or help files for detailed explanations of asset accounting processes and error messages.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution to resolve it.