How To Fix AA330 - You cannot post retirement on old assets data

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 330

• Message text: You cannot post retirement on old assets data

What causes this issue?

The retirement amount determined for area &V1& (asset &V2& &V3&) is
higher than the existing cumulative APC, which was determined based on
the asset value date.

System Response

The system rejects the posting.

How to fix this error?

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA330 - You cannot post retirement on old assets data ?

  The SAP error message AA330 ("You cannot post retirement on old assets data") typically occurs when you attempt to retire an asset that has been fully depreciated or is considered "old" according to the system's settings. This error is often related to the asset's status, the fiscal year, or the depreciation settings.
  Causes:
  
  Asset Fully Depreciated: The asset may have reached the end of its useful life and has been fully depreciated.
  Fiscal Year Restrictions: The posting period may be closed for the fiscal year in which the asset was acquired or last depreciated.
  Asset History: The asset may have historical data that prevents further postings, such as being marked for deletion or having been retired in a previous period.
  Configuration Settings: The system may have specific settings that restrict postings to old asset data.
  
  Solutions:
  
  Check Asset Status: Verify the status of the asset in the Asset Accounting (FI-AA) module. Ensure that it is not fully depreciated or marked for deletion.
  Open Posting Period: Ensure that the posting period for the fiscal year is open. You can check this in the transaction code OB52 (Maintain Posting Periods).
  Retirement Posting: If the asset is indeed fully depreciated, you may need to consider whether a retirement posting is necessary. If the asset is already retired, you may not need to perform this action again.
  Adjust Configuration: If the error is due to configuration settings, consult with your SAP administrator or financial team to review the asset accounting settings and make necessary adjustments.
  Use Correct Transaction: Ensure you are using the correct transaction code for asset retirement (e.g., ABAVN for asset retirement) and that you are following the correct procedure.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  ABAVN: Asset Retirement
  AS03: Display Asset
  AS02: Change Asset
  
  
  Documentation: Review SAP documentation or help files related to Asset Accounting for more detailed information on asset retirement processes.
  Consult SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  
  If the issue persists after checking these aspects, it may be beneficial to consult with your SAP support team or a functional consultant specializing in Asset Accounting.