How To Fix AA611 - SYST: No assets are managed in company code &.

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 611

• Message text: SYST: No assets are managed in company code &.

What causes this issue?

No asset accounting is possible in company code &V1&.

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?

Use another company code or activate this company code for asset
accounting.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA611 - SYST: No assets are managed in company code &. ?

  The SAP error message AA611 indicates that there are no assets managed in the specified company code. This error typically occurs when you attempt to perform an action related to asset accounting (such as posting an asset transaction) in a company code that does not have any assets defined.
  Cause:
  
  No Assets Created: The primary cause of this error is that there are no asset master records created for the specified company code.
  Incorrect Company Code: The company code specified in the transaction may be incorrect or not properly configured for asset management.
  Asset Management Not Activated: Asset accounting may not be activated for the company code in question.
  
  Solution:
  To resolve the AA611 error, you can take the following steps:
  
  
  Check Asset Master Records:
  
  Go to the Asset Accounting module and check if there are any asset master records created for the specified company code.
  You can use transaction code AS03 (Display Asset) to verify if any assets exist.
  
  
  
  Create Asset Master Records:
  
  If no assets exist, you will need to create asset master records using transaction code AS01 (Create Asset).
  Ensure that you enter the correct company code and other required details.
  
  
  
  Verify Company Code Configuration:
  
  Check the configuration of the company code in the Asset Accounting settings. Ensure that the company code is set up to manage assets.
  You can check this in the configuration settings under SPRO > Financial Accounting > Asset Accounting > Integration > Define Company Code for Asset Accounting.
  
  
  
  Check for Authorization Issues:
  
  Ensure that you have the necessary authorizations to view or manage assets in the specified company code.
  
  
  
  Consult Documentation:
  
  If you are unsure about the setup or need further assistance, refer to SAP documentation or consult with your SAP support team.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  AS01: Create Asset
  AS02: Change Asset
  AS03: Display Asset
  AS11: Create Asset from Template
  
  
  SAP Notes: Check for any relevant SAP Notes that might address specific issues related to asset management in your version of SAP.
  Configuration Path: SPRO > Financial Accounting > Asset Accounting > Integration > Define Company Code for Asset Accounting.
  
  By following these steps, you should be able to resolve the AA611 error and successfully manage assets in the specified company code.