How To Fix AA806 - Group asset &-&-& does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 806

• Message text: Group asset &-&-& does not exist

What causes this issue?

The group asset &V2&-&V3& does not exist 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?

Please correct your entry, or first define the group asset.
It is also possible that the corresponding asset does exist, but that
it is not defined as a group asset.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA806 - Group asset &-&-& does not exist ?

  The SAP error message AA806 indicates that a group asset specified in a transaction does not exist in the system. This error typically occurs in the Asset Accounting (FI-AA) module when trying to perform operations related to group assets, such as posting transactions or running reports.
  
  Cause:
  
  Non-Existent Group Asset: The group asset you are trying to reference has not been created in the system.
  Incorrect Asset Number: The asset number entered may be incorrect or mistyped.
  Data Deletion: The group asset may have been deleted or archived in the system.
  Authorization Issues: The user may not have the necessary authorizations to view or access the group asset.
  
  
  Solution:
  
  Verify Group Asset: Check if the group asset exists in the system. You can do this by navigating to the Asset Master Data (Transaction Code: AS03) and entering the group asset number to see if it is available.
  Create Group Asset: If the group asset does not exist, you