How To Fix AA498 - Posting with transaction type & to asset & & is not allowed

AA498 - Overview

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 498

• Message text: Posting with transaction type & to asset & & is not allowed

What causes this issue?

Asset &V2& &V3& is managed with open items. An acquisition from an
affiliated company cannot be posted gross to this type of asset.

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?

Please use transaction type 151 or a transaction type with the same
parameters (in other words, the option 'net posting with affiliated
company' must be set) or use an asset under construction which is
managed summarily.

Error message extract from SAP system. Copyright SAP SE.

AA498 - Details

• The SAP error message AA498 indicates that a posting with a specific transaction type to an asset is not allowed. This error typically occurs in the Asset Accounting (FI-AA) module when there is an attempt to post a transaction that is not permitted for the specified asset.
  Causes of Error AA498
  
  
  Transaction Type Restrictions: The transaction type being used may not be allowed for the asset in question. Each asset can have specific transaction types that are permitted based on its configuration.
  
  
  Asset Status: The asset may be in a status that does not allow certain types of postings. For example, if the asset is retired or fully depreciated, certain transactions may be restricted.
  
  
  
  Configuration Issues: There may be configuration settings in the Asset Accounting module that restrict the use of certain transaction types for specific assets.
  
  
  Posting Period: The posting period may be closed, preventing any further postings to the asset.
  
  
  Asset Class Settings: The