How To Fix AA105 - Asset class & does not exist (Enter another reference class)

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 105

• Message text: Asset class & does not exist (Enter another reference class)

What causes this issue?

You have chosen asset class &V1& as a reference class. Asset class
&V1& does not exist.

System Response

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

How to fix this error?

Enter another class as a reference class.
Using the F4 function, you can use a matchcode to help you search for
a suitable asset class to use.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA105 - Asset class & does not exist (Enter another reference class) ?

  The SAP error message AA105 ("Asset class & does not exist (Enter another reference class)") typically occurs in the Asset Accounting (FI-AA) module when you attempt to create or modify an asset and the specified asset class does not exist in the system. This can happen for various reasons, such as incorrect data entry, missing configuration, or issues with the asset class setup.
  Cause:
  
  Incorrect Asset Class: The asset class you are trying to use may have been mistyped or does not exist in the system.
  Missing Configuration: The asset class may not have been configured in the system, or it may have been deleted or deactivated.
  Authorization Issues: The user may not have the necessary authorizations to access the specified asset class.
  Client-Specific Settings: The asset class may exist in another client but not in the current client you are working in.
  
  Solution:
  
  Verify Asset Class: Check the asset class you are trying to use for any typographical errors. Ensure that it is entered correctly.
  Check Configuration:
  
  Go to the transaction code OAOA (or navigate through the menu: SPRO > Financial Accounting > Asset Accounting > Master Data > Define Asset Classes).
  Verify if the asset class exists and is properly configured.
  
  
  Create Asset Class: If the asset class does not exist, you may need to create it. This can be done in the same configuration area mentioned above.
  Check Authorizations: Ensure that the user has the necessary authorizations to access the asset class. This can be checked with your SAP security team.
  Client Check: Make sure you are working in the correct client. You can check the client number in the SAP GUI at the top right corner.
  Consult Documentation: If you are unsure about the asset class configuration, refer to SAP documentation or consult with your SAP functional consultant.
  
  Related Information:
  
  Transaction Codes: 
  
  AS01: Create Asset
  AS02: Change Asset
  AS03: Display Asset
  
  
  SAP Notes: Check SAP Notes for any known issues or updates related to asset classes.
  User Manual: Refer to the user manual or training materials for Asset Accounting for more detailed instructions on asset class management.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Asset Accounting.