How To Fix AA316 - Check amount entered (Amount is too high)

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 316

• Message text: Check amount entered (Amount is too high)

What causes this issue?

The amount entered is higher than the amount &V2& of acquisitions from
previous years on the asset in depreciation area &V1&, based on the
asset value date and the posting period.

How to fix this error?

Check the retirement amount, the asset value date and the transaction
type.
If new acquisitions were posted to the asset in the year of retirement,
the retirement of the new acquistions has to be posted separately using
a different transaction type.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA316 - Check amount entered (Amount is too high) ?

  The SAP error message AA316 ("Check amount entered (Amount is too high)") typically occurs in the context of Asset Accounting (FI-AA) when a user attempts to post a transaction involving an asset, and the amount entered exceeds the allowable limit set in the system. This can happen during various transactions, such as acquisitions, transfers, or adjustments.
  Causes:
  
  Amount Exceeds Limits: The amount entered for the asset transaction exceeds the predefined limits set in the system configuration.
  Configuration Settings: There may be specific settings in the asset accounting configuration that restrict the maximum allowable amount for certain types of transactions.
  Currency Issues: If the transaction involves multiple currencies, the conversion rates or limits may not align correctly, leading to an amount that appears too high.
  User Input Error: The user may have mistakenly entered an incorrect amount, such as an extra digit or an incorrect decimal point.
  
  Solutions:
  
  
  Check Configuration Settings:
  
  Review the configuration settings in Asset Accounting (transaction