How To Fix AA247 - Asset value date &1 cannot be later than transfer date &2

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 247

• Message text: Asset value date &1 cannot be later than transfer date &2

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

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Smart SAP Assistant

• What is the cause and solution for SAP error message AA247 - Asset value date &1 cannot be later than transfer date &2 ?

  The SAP error message AA247 indicates that there is a discrepancy between the asset value date and the transfer date during an asset transfer process. Specifically, the asset value date cannot be later than the transfer date. This error typically occurs in the Asset Accounting (FI-AA) module when you are trying to post a transfer of an asset, and the dates provided do not comply with the system's requirements.
  
  Cause:
  
  Date Mismatch: The asset value date (the date on which the asset's value is calculated) is set to a date that is later than the transfer date (the date on which the asset is being transferred).
  Incorrect Data Entry: The user may have mistakenly entered the wrong dates during the asset transfer process.
  System Configuration: There may be specific configurations or settings in the system that enforce this rule, which could be misconfigured.
  
  
  Solution:
  
  Check Dates: Review the asset value date and the transfer date you