How To Fix 60574 - Asset is also assigned to property "&"

SAP Error Message - Details

• Message type: E = Error

• Message class: 60 - Real Estate

• Message number: 574

• Message text: Asset is also assigned to property "&"

What causes this issue?

You have assigned an asset to the property which has already been
assigned to another property in the same business entity.

System Response

This message only serves as a note.

How to fix this error?

If you are certain that this asset can be assigned to several properties
in the same business entity, you do not have to do anything. If the
opposite is the case, you have to assign another asset to the property.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 60574 - Asset is also assigned to property "&" ?

  The SAP error message 60574, which states "Asset is also assigned to property '&'", typically occurs in the context of asset accounting when you are trying to perform an operation on an asset that is already assigned to a property. This can happen during transactions such as asset transfer, retirement, or reclassification.
  Cause:
  The error is triggered because the asset you are trying to process is already linked to a property (such as a real estate property or a specific location) in the system. SAP does not allow an asset to be assigned to multiple properties simultaneously, which leads to this conflict.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Asset Assignment:
  
  Use transaction code AS03 (Display Asset) to check the current assignments of the asset in question. Look for any existing property assignments.
  
  
  
  Unassign the Asset:
  
  If the asset is indeed assigned to a property and you need to reassign it, you may need to unassign it from the current property first. This can typically be done using transaction code ABAVN (Transfer within Company Code) or ABUMN (Transfer with New Asset Number), depending on your specific needs.
  
  
  
  Review Configuration:
  
  Ensure that the configuration settings in the Asset Accounting module are set up correctly. Sometimes, the issue may arise from incorrect settings in the asset master data.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to asset accounting for any specific guidelines or restrictions regarding asset assignments.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide more tailored assistance based on your system configuration.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), AS03 (Display Asset), ABAVN (Transfer within Company Code), and ABUMN (Transfer with New Asset Number).
  Asset Master Data: Understanding how asset master data is structured and maintained in SAP can help prevent similar issues in the future.
  SAP Notes: Check for any SAP Notes related to error message 60574 for additional insights or patches that may address the issue.
  
  By following these steps, you should be able to identify the cause of the error and take appropriate action to resolve it.