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 code OAOA or OAYZ) to ensure that the limits for asset transactions are set appropriately.
  Adjust the maximum allowable amounts if necessary, based on your organization's policies.
  
  
  
  Verify Transaction Amount:
  
  Double-check the amount entered in the transaction to ensure it is correct. Look for any typographical errors or miscalculations.
  Ensure that the amount is within the acceptable range defined in the system.
  
  
  
  Currency Conversion:
  
  If the transaction involves multiple currencies, verify the exchange rates and ensure that the converted amount does not exceed the limits.
  Check the currency settings in the transaction to ensure they are correct.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for any specific guidelines related to the error message AA316.
  Consult with your SAP support team or functional consultant for further assistance if the issue persists.
  
  
  
  Testing:
  
  If changes are made to configuration settings, conduct tests to ensure that the changes resolve the issue without introducing new problems.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) for managing asset transactions.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles and Authorizations: Ensure that the user has the necessary roles and authorizations to perform the transaction, as restrictions may also lead to errors.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it. If the problem continues, it may be beneficial to engage with SAP support for more in-depth troubleshooting.