How To Fix 60842 - No asset assigned to business entity

SAP Error Message - Details

• Message type: E = Error

• Message class: 60 - Real Estate

• Message number: 842

• Message text: No asset assigned to business entity

What causes this issue?

You have not assigned an asset to the business entity.

System Response

The command will not be carried out.

How to fix this error?

Assign an asset to the business entity with the sub-number '0000'
or create a new real estate asset.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 60842 - No asset assigned to business entity ?

  The SAP error message "60842 No asset assigned to business entity" typically occurs in the context of asset accounting when a transaction is attempted that requires an asset to be linked to a specific business entity (such as a company code or a cost center), but no such asset is found.
  Cause:
  
  Missing Asset Assignment: The primary cause of this error is that the asset in question has not been assigned to the relevant business entity. This could happen if the asset was created but not properly linked to the company code or business area.
  Incorrect Configuration: There may be configuration issues in the asset accounting settings that prevent the system from recognizing the asset assignment.
  Data Entry Errors: There could be errors in the data entry process, such as incorrect company code or business area being used when trying to access the asset.
  
  Solution:
  
  
  Check Asset Assignment:
  
  Go to the Asset Master Record (Transaction Code: AS03) and check if the asset is assigned to the correct company code and business area.
  If the asset is not assigned, you can assign it using Transaction Code: AS01 (Create Asset) or AS02 (Change Asset).
  
  
  
  Review Configuration:
  
  Ensure that the configuration settings for asset accounting are correctly set up. This includes checking the settings for the company code and ensuring that the asset classes are properly defined.
  You may need to consult with your SAP configuration team or refer to the SAP documentation for guidance on asset accounting configuration.
  
  
  
  Data Validation:
  
  Validate the data being used in the transaction that triggered the error. Ensure that the correct company code, business area, and other relevant fields are populated correctly.
  
  
  
  Consult SAP Notes:
  
  Check the SAP Support Portal for any relevant SAP Notes that may address this specific error message. There may be patches or updates that resolve known issues.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  AS01: Create Asset
  AS02: Change Asset
  AS03: Display Asset
  AS11: Create Asset Master Record
  AS12: Change Asset Master Record
  AS13: Display Asset Master Record
  
  
  
  Documentation: Refer to the SAP Asset Accounting documentation for detailed information on asset management processes and configurations.
  
  
  SAP Community: Engage with the SAP Community forums for insights and solutions from other users who may have encountered similar issues.
  
  
  If the problem persists after following these steps, it may be necessary to involve your SAP support team or a consultant with expertise in SAP Asset Accounting for further investigation.