How To Fix AA331 - You cannot post retirement on new acquisition

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 331

• Message text: You cannot post retirement on new acquisition

What causes this issue?

The retirement amount determined for area &V1& (Asset &V2& &V3&) is
higher than the acquisition value managed for the asset up to the
asset value date of the retirement posting.

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?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA331 - You cannot post retirement on new acquisition ?

  The SAP error message AA331 ("You cannot post retirement on new acquisition") typically occurs in the Asset Accounting (FI-AA) module when you attempt to retire an asset that has just been acquired and has not yet been fully processed or has not met certain conditions for retirement.
  Cause:
  
  New Acquisition Status: The asset you are trying to retire is still in the status of a new acquisition. In SAP, assets must be fully processed (e.g., fully capitalized) before they can be retired.
  Depreciation Not Posted: The asset may not have any depreciation posted against it yet. SAP requires that depreciation be posted before an asset can be retired.
  Asset Class Restrictions: Certain asset classes may have specific rules regarding retirement that prevent immediate retirement after acquisition.
  Transaction Timing: The timing of the retirement transaction may be incorrect, especially if it is being attempted in the same period as the acquisition.
  
  Solution:
  
  Check Asset Status: Verify the status of the asset in the Asset Explorer (transaction code AW01N). Ensure that it is not still in the acquisition phase.
  Post Depreciation: If depreciation has not been posted, you need to run the depreciation posting program (transaction code AFAB) to post the necessary depreciation for the asset.
  Wait for Processing: If the asset was just acquired, you may need to wait until the acquisition is fully processed before attempting to retire it.
  Review Asset Class Settings: Check the configuration of the asset class to ensure there are no restrictions preventing the retirement of newly acquired assets.
  Consult Documentation: Review SAP documentation or consult with your SAP support team for any specific configurations or rules that may apply to your organization’s asset accounting setup.
  
  Related Information:
  
  Transaction Codes:
  
  AW01N: Asset Explorer
  AFAB: Depreciation Posting
  ABAVN: Asset Retirement
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  Configuration Settings: Review the configuration settings in the Asset Accounting module, particularly those related to asset acquisition and retirement.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Asset Accounting for further assistance.