How To Fix AA341 - You cannot post comp.retirement for asset & & with this trans.type

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 341

• Message text: You cannot post comp.retirement for asset & & with this trans.type

What causes this issue?

A down payment was posted to asset &V1& &V2&. In depreciation area
&V3&, if not elsewhere, all down payments were not cleared.

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?

Before posting a complete retirement on this asset, you have to first
clear the down payment in all depreciation areas.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA341 - You cannot post comp.retirement for asset & & with this trans.type ?

  The SAP error message AA341 indicates that you cannot post a compensation retirement for a specific asset with the given transaction type. This error typically arises in the Asset Accounting (FI-AA) module when trying to execute a transaction that is not allowed for the specified asset or transaction type.
  
  Cause:
  
  Transaction Type Restrictions: The transaction type you are using may not be configured to allow compensation retirement postings. Each transaction type in SAP has specific settings that determine what types of transactions can be processed.
  Asset Status: The asset may be in a status that does not allow for compensation retirement. For example, if the asset is already retired or if it is in a locked status.
  
  Configuration Issues: There may be configuration issues in the Asset Accounting settings that prevent the posting of compensation retirement for the asset.
  Missing Authorizations: The user may not have the necessary authorizations to perform the compensation retirement for