How To Fix AA501 - Asset not yet capitalized

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 501

• Message text: Asset not yet capitalized

What causes this issue?

The asset has no capitalization date as yet.
If values are present in the asset, then these transactions must have
been posted using transaction types which do not cause automatic
capitalization.

System Response

This is just for your information.

How to fix this error?

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 AA501 - Asset not yet capitalized ?

  The SAP error message AA501 ("Asset not yet capitalized") typically occurs when you attempt to perform an action on an asset that has not yet been capitalized in the Asset Accounting (FI-AA) module. This can happen in various scenarios, such as trying to post a transaction related to an asset that is still in the acquisition phase or has not been fully processed.
  
  Cause:
  
  Asset Not Capitalized: The asset has been created but has not yet been capitalized. This means that the asset is still in the acquisition phase and has not been moved to the capitalized state.
  Incomplete Transactions: There may be incomplete or pending transactions related to the asset that need to be finalized before it can be capitalized.
  Incorrect Posting: You may be trying to post a transaction (like depreciation or transfer) that is not applicable to an asset that is not yet capitalized.
  
  
  Solution:
  
  Check Asset Status: Verify the status of the