How To Fix AA108 - Asset class & does not exist; Check your entry

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 108

• Message text: Asset class & does not exist; Check your entry

What causes this issue?

You want to display or change asset class &V1&, or you want to create an
asset for this asset class.
However, the asset class does <ZH>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 a different asset class. If necessary, use the input help.

The following options are available:
Enter a different asset class. If necessary, use the input help.
Create the asset class in Customizing for Asset Accounting.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA108 - Asset class & does not exist; Check your entry ?

  The SAP error message AA108 indicates that the asset class you are trying to use does not exist in the system. This error typically occurs when you are attempting to create or modify an asset in the Asset Accounting (FI-AA) module, and the specified asset class is either not defined or has been incorrectly entered.
  
  Cause:
  
  Incorrect Asset Class Entry: The asset class code you entered may be misspelled or incorrectly formatted.
  Asset Class Not Defined: The asset class may not have been created in the system.
  Authorization Issues: You may not have the necessary permissions to view or use the specified asset class.
  
  Configuration Issues: The asset class may not be properly configured in the system settings.
  
  
  Solution:
  
  Check the Asset Class Code: Verify that the asset class code you entered is correct. Ensure there are no typos or formatting issues.
  Verify Asset Class Existence:
  Go to the transaction code OAOA (or SPRO -> Financial Accounting -> Asset