How To Fix AA466 - Reversal not possible, retirement already posted to asset & & per &

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 466

• Message text: Reversal not possible, retirement already posted to asset & & per &

What causes this issue?

You want to reverse an asset transaction that took place before an
asset retirement or a retirement transfer. This is not possible
because the accumulated depreciation (value adjustments) have already
been determined.

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?

RESET N1
First reverse the retirement or the transfer.
Then reverse the desired transaction.
Then re-post the retirement or the transfer.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA466 - Reversal not possible, retirement already posted to asset & & per & ?

  The SAP error message AA466 indicates that a reversal of an asset retirement is not possible because the retirement has already been posted to the asset. This typically occurs in the Asset Accounting (FI-AA) module when you attempt to reverse a transaction that has already been finalized.
  Cause:
  
  Retirement Already Posted: The primary cause of this error is that the asset has already been retired, and the system does not allow for a reversal of that retirement.
  Posting Period Closed: The posting period for the retirement may be closed, preventing any changes to the asset's status.
  Transaction Type Restrictions: Certain transaction types may have restrictions that prevent reversals after a retirement has been posted.
  
  Solution:
  
  Check Asset Status: Verify the status of the asset in question. If it has been retired, you may need to consider other options rather than reversing the retirement.
  Review Posting Periods: Ensure that the posting period for the retirement is open. If it is closed, you may need to open it (if allowed) or consult with your finance team about how to proceed.
  Use Alternative Transactions: If you need to correct an error related to the retirement, consider using alternative transactions such as:
  
  Adjusting the Asset: If the retirement was incorrect, you might need to adjust the asset's value or status through other means, such as a revaluation or adjustment posting.
  Create a New Asset: If the asset needs to be reintroduced into the system, you may need to create a new asset and transfer any relevant values or information.
  
  
  Consult Documentation: Review SAP documentation or consult with your SAP support team for specific procedures related to asset retirement and reversals in your organization's configuration.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  AS02: Change Asset
  ABAVN: Asset Retirement
  AB08: Unplanned Depreciation
  
  
  SAP Notes: Check for any SAP Notes related to error AA466 for additional guidance or patches that may address specific issues.
  User Authorization: Ensure that you have the necessary authorizations to perform asset transactions, as restrictions may also lead to errors.
  
  If the issue persists after following these steps, it may be beneficial to engage with your SAP support team or a consultant who specializes in Asset Accounting for further assistance.