How To Fix AA497 - Asset retirement not possible with debit or automatic posting

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 497

• Message text: Asset retirement not possible with debit or automatic posting

What causes this issue?

You have tried to enter an asset retirement using a debit posting line
or using an automatically created posting line. This is not possible.
You can only enter an asset retirement as a credit-revenue
posting.

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?

Check the field selection control of the current account, and (if
needed) suppress the field for entry for the asset retirement.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA497 - Asset retirement not possible with debit or automatic posting ?

  The SAP error message AA497, which states "Asset retirement not possible with debit or automatic posting," typically occurs when you attempt to retire an asset in a way that is not allowed by the system's configuration or the current state of the asset. This error is often related to the asset accounting module in SAP (FI-AA).
  Cause:
  
  Automatic Posting Configuration: The system is configured to prevent automatic postings for asset retirements. This can happen if the asset is set up in a way that requires manual intervention for retirement.
  Asset Status: The asset may be in a status that does not allow for retirement, such as being under construction or not fully capitalized.
  Transaction Type: The transaction type used for the asset retirement may not be configured to allow for the type of posting you are attempting.
  Posting Period: The posting period may be closed, preventing any further postings, including asset retirements.
  Debit Posting: The system may be trying to post a debit entry that is not allowed for the asset retirement process.
  
  Solution:
  
  Check Asset Status: Ensure that the asset is in a status that allows for retirement. If it is under construction or not fully capitalized, you may need to change its status.
  Review Configuration: Check the configuration of the asset retirement transaction type in the Asset Accounting settings. Ensure that it allows for the type of posting you are trying to perform.
  Manual Posting: If the system is set to prevent automatic postings, consider performing the asset retirement manually instead of relying on automatic postings.
  Open Posting Period: Verify that the posting period is open for the date you are trying to retire the asset. If it is closed, you may need to open it or post in a different period.
  Transaction Type Settings: Review the settings for the transaction type used for the asset retirement. Ensure that it is configured correctly to allow for the retirement process.
  Consult Documentation: Refer to SAP documentation or consult with your SAP support team for specific configuration settings related to asset retirement.
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like AS02 (Change Asset) or ABAVN (Unplanned Depreciation) to check the asset details and make necessary changes.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  User Authorization: Ensure that you have the necessary authorizations to perform asset retirements in the system.
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Asset Accounting.