How To Fix AA371 - Net posting defined. Discount will not be deducted from amount

AA371 - Overview

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 371

• Message text: Net posting defined. Discount will not be deducted from amount

What causes this issue?

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

System Response

How to fix this error?

Error message extract from SAP system. Copyright SAP SE.

AA371 - Details

• The SAP error message AA371 ("Net posting defined. Discount will not be deducted from amount") typically occurs in the context of asset accounting when there is an attempt to post a transaction that involves a discount, but the system is configured to handle net postings. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Net Posting Configuration: The system is set up to handle net postings, which means that it expects the amounts to be posted without any discounts being applied. This is often configured in the asset accounting settings.
  Transaction Type: The transaction type being used may not allow for discounts to be applied, or it may be configured to treat the transaction as a net posting.
  Master Data Settings: The asset master data may have settings that do not allow for discounts to be applied.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for asset accounting in SAP (Transaction Code: SPRO).
  Navigate to