How To Fix AA471 - Subsequent posting not possible (no retirement carried out for asset)

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 471

• Message text: Subsequent posting not possible (no retirement carried out for asset)

What causes this issue?

You want to post subsequent revenue or subsequent retirement costs to
the asset &V1& &V2&. However, no retirement has yet been posted to
this asset.

System Response

Posting is rejected.

How to fix this error?

Check the asset.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA471 - Subsequent posting not possible (no retirement carried out for asset) ?

  The SAP error message AA471 ("Subsequent posting not possible (no retirement carried out for asset)") typically occurs in the Asset Accounting (FI-AA) module when you attempt to perform a subsequent posting (like a transfer, adjustment, or revaluation) on an asset that has not been retired or disposed of properly. This error indicates that the system expects a retirement entry to have been made for the asset before any further postings can be processed.
  Cause:
  
  No Retirement Entry: The asset in question has not been retired or disposed of, which is a prerequisite for certain subsequent postings.
  Incorrect Posting Sequence: The posting sequence may not follow the required steps in asset accounting, leading to this error.
  Asset Status: The asset may be in a status that does not allow for subsequent postings (e.g., it may be locked or not fully processed).
  
  Solution:
  
  Check Asset Status: Verify the status of the asset in the Asset Master Record. Ensure that it is not locked and is in a state that allows for subsequent postings.
  Perform Retirement: If the asset is supposed to be retired, perform the retirement posting using the appropriate transaction (e.g., ABAVN for asset retirement). Ensure that all necessary details are filled in correctly.
  Review Posting History: Check the asset's posting history to ensure that all required postings have been made in the correct order.
  Consult Documentation: Review SAP documentation or your organization's asset accounting procedures to ensure compliance with the required processes.
  Transaction Codes: Use transaction codes like AS03 (Display Asset), AB01 (Initial Posting), or ABAVN (Retirement) to manage asset postings.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in Asset Accounting, such as:
  
  AS01: Create Asset
  AS02: Change Asset
  AS03: Display Asset
  ABAVN: Retirement of an Asset
  ABUMN: Transfer within Company Code
  
  
  SAP Notes: Check for any SAP Notes related to this error message for additional guidance or patches that may address specific issues.
  User Authorization: Ensure that you have the necessary authorizations to perform asset postings and retirements.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant specializing in Asset Accounting for further assistance.