How To Fix AA961 - Asset class &: Unit of measure missing for LVA w/ collective management

AA961 - Overview

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 961

• Message text: Asset class &: Unit of measure missing for LVA w/ collective management

What causes this issue?

Asset class &V1& is set up for low value assets which are quantitively
managed. The unit of quantity is only maintained at asset class level.
There is no quantity unit entered for the asset class.

System Response

Without the unit of quantity it is impossible to create a master record
for collective management.

How to fix this error?

You have the following options:
Enter the unit of quantity in asset class &V1&. Go to asset class
maintenance to do this.
Change the maintenance level of screen layout &v2& for asset class &V1&
and define it so that maintenance is allowed at asset main number
level.

Error message extract from SAP system. Copyright SAP SE.

AA961 - Details

• The SAP error message AA961 indicates that there is a missing unit of measure for an asset class when using collective management in Asset Accounting (FI-AA). This typically occurs when you are trying to create or manage an asset that is set up for collective management, but the system cannot find a unit of measure defined for the asset class in question.
  
  Cause:
  
  Missing Unit of Measure: The asset class you are trying to use does not have a unit of measure defined in the configuration.
  Incorrect Configuration: The asset class may not be properly configured for collective management, which requires specific settings, including the unit of measure.
  Data Entry Error: There may be an error in the data entry process where the unit of measure was not specified or was incorrectly entered.
  
  
  Solution:
  To resolve the AA961 error, follow these steps:
  
  
  Check Asset Class Configuration:
  
  Go to the transaction code OAOA (Define Asset Classes).
  Select the relevant asset