How To Fix 63340 - Planned retirement of & exceeds amount

SAP Error Message - Details

• Message type: E = Error

• Message class: 63 - Messages for Real Estate Management

• Message number: 340

• Message text: Planned retirement of & exceeds amount

What causes this issue?

You are trying to transfer from a line item of the correction items.
There is a planned retirement for this line item through &V1&. Your
transfer posting plus the planned retirement exceed the available old
amount.

System Response

The system does not accept your entry.

How to fix this error?

Enter an amount to be transferred that, combined with the planned
retirements of &V1&, does not exceed the available old amount.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 63340 - Planned retirement of & exceeds amount ?

  The SAP error message 63340, which states "Planned retirement of & exceeds amount," typically occurs in the context of asset accounting when there is an attempt to retire an asset with a planned retirement amount that exceeds the asset's current value or the amount that can be retired.
  Cause:
  
  Excessive Retirement Amount: The planned retirement amount specified in the transaction is greater than the asset's net book value or the amount that can be retired.
  Incorrect Configuration: There may be issues with the configuration of the asset or the retirement process in the system.
  Data Entry Error: The user may have mistakenly entered an incorrect amount during the retirement process.
  
  Solution:
  
  Verify Retirement Amount: Check the planned retirement amount against the asset's current value. Ensure that the amount you are trying to retire does not exceed the asset's net book value.
  Adjust the Amount: If the planned retirement amount is indeed too high, adjust it to a value that is less than or equal to the asset's net book value.
  Review Asset Configuration: Ensure that the asset is correctly configured in the system and that all relevant data (like acquisition costs, depreciation, etc.) is accurate.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidelines on asset retirement processes.
  Check for Depreciation: Ensure that all depreciation has been posted correctly up to the point of retirement. If there are discrepancies, resolve them before attempting the retirement again.
  Seek Help from SAP Support: If the issue persists, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and ABAVN (Unplanned Depreciation) that may be involved in asset management.
  Asset Accounting Configuration: Review the configuration settings in the Asset Accounting module to ensure they align with your organization's policies and practices.
  Documentation and Training: Ensure that users involved in asset management are adequately trained and have access to documentation that outlines the correct procedures for asset retirement.
  
  By following these steps, you should be able to resolve the error and successfully process the asset retirement.