How To Fix AA477 - Retirement posting is not possible (value date not allowed)

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 477

• Message text: Retirement posting is not possible (value date not allowed)

What causes this issue?

The value date &V1& of the retirement from the asset &V2& &V3&
is before
a) the date of the last retirement
b) the capitalization date of the asset
c) the acquisition date of the asset.

System Response

The transaction is rejected.

How to fix this error?

Check the value date of the transaction or the asset to be posted.

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA477 - Retirement posting is not possible (value date not allowed) ?

  The SAP error message AA477 ("Retirement posting is not possible (value date not allowed)") typically occurs in the Asset Accounting (FI-AA) module when you attempt to retire an asset, but the value date specified for the retirement is not valid. This can happen for several reasons, including:
  Causes:
  
  Value Date Outside of Posting Period: The value date for the retirement transaction falls outside the allowed posting periods. This can happen if the value date is set to a date in a closed fiscal period.
  Incorrect Configuration: The configuration settings for the asset retirement may not allow for postings on the specified value date.
  Asset Status: The asset may be in a status that does not allow for retirement postings.
  Period Locking: The posting period may be locked for the specified value date, preventing any transactions from being posted.
  
  Solutions:
  
  
  Check Posting Periods: Verify the posting periods in the system. Ensure that the value date you are using