How To Fix AA001 - Asset & & not in company code &

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 001

• Message text: Asset & & not in company code &

What causes this issue?

The asset number &V1& &V2& you entered does <ZH>not</> exist in company
code &V3&.

System Response

Processing is canceled.

How to fix this error?

Correct your entry.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

It is also possible that this asset is defined as a group asset. In that
case, it <ZH>cannot</> be used as an asset.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA001 - Asset & & not in company code & ?

  The SAP error message "AA001 Asset & & not in company code &" typically indicates that the asset you are trying to access or process does not exist in the specified company code. This error can occur in various transactions related to Asset Accounting (FI-AA) when the system cannot find the asset in the context of the given company code.
  Cause:
  
  Asset Not Created: The asset may not have been created in the specified company code.
  Incorrect Company Code: The company code specified in the transaction may be incorrect or different from the one where the asset was created.
  Data Migration Issues: If assets were migrated from another system, there may have been issues during the migration process, leading to missing or incorrectly assigned assets.
  Authorization Issues: The user may not have the necessary authorizations to view or process the asset in the specified company code.
  
  Solution:
  
  
  Verify Asset Existence:
  
  Check if the asset exists in the Asset Master Data for the specified company code. You can do this by using transaction code AS03 (Display Asset) and entering the asset number and company code.
  
  
  
  Check Company Code:
  
  Ensure that you are using the correct company code in your transaction. If you are unsure, consult with your finance or accounting team to confirm the correct company code.
  
  
  
  Create Asset:
  
  If the asset does not exist in the specified company code, you may need to create it using transaction code AS01 (Create Asset) or AS11 (Create Asset from Template) if applicable.
  
  
  
  Review Migration Data:
  
  If the asset was supposed to be migrated from another system, review the migration logs and data to ensure that the asset was correctly transferred to the desired company code.
  
  
  
  Check Authorizations:
  
  Ensure that the user has the necessary authorizations to access the asset in the specified company code. This may require coordination with your SAP security team.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  AS01: Create Asset
  AS02: Change Asset
  AS03: Display Asset
  AS11: Create Asset from Template
  AS92: Display Asset History
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to asset management or error messages.
  Documentation: Review SAP documentation on Asset Accounting for more detailed information on asset management processes.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant specializing in Asset Accounting for further assistance.