How To Fix AA967 - Trans. type & allowed only for assets u. const. Please correct.

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 967

• Message text: Trans. type & allowed only for assets u. const. Please correct.

What causes this issue?

Transaction type &V1& is only allowed for assets that permit
line item settlement. Such assets are usually assets under
construction.
Transaction type &V1& takes over values from the past that are
identified as cumulative values at the beginning of the fiscal year.

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 types for the current year for the takeover
of your transactions.
The transaction types for old assets date takeover can only be used
for the takeover of cumulative acquisition costs, and for downpayments
for line item settlement of assets.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA967 - Trans. type & allowed only for assets u. const. Please correct. ?

  The SAP error message AA967 ("Trans. type & allowed only for assets u. const. Please correct.") typically occurs in the Asset Accounting (FI-AA) module when you attempt to post a transaction type that is not permitted for the asset in question. This error is specifically related to the asset under construction (AuC) and indicates that the transaction type you are trying to use is not valid for that asset.
  Cause:
  
  Incorrect Transaction Type: The transaction type you are using is not allowed for assets under construction. Each transaction type in SAP is configured to allow specific operations on certain asset classes.
  Asset Class Configuration: The asset class associated with the asset under construction may not be set up to allow the transaction type you are trying to use.
  Asset Status: The asset may be in a status that does not permit the transaction you are attempting to perform.
  
  Solution:
  
  Check Transaction Type: Verify that the transaction type you are using is appropriate for assets under construction. Common transaction types for AuC include capitalizations and transfers.
  Review Asset Class Settings: Go to the configuration settings for the asset class in transaction code OAOA (Asset Class) and ensure that the transaction type is allowed for that class.
  Change Asset Status: If the asset is in a status that does not allow the transaction, you may need to change its status or complete any required prior transactions.
  Use Correct Transaction: If you are trying to capitalize the asset, ensure you are using the correct transaction type for capitalization (e.g., transaction type 100 for capitalization).
  Consult Documentation: Review SAP documentation or consult with your SAP support team for specific configurations related to your system.
  
  Related Information:
  
  Transaction Codes: 
  
  OAOA: Asset Class Configuration
  OABW: Change Asset
  OAYZ: Define Transaction Types
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues or provide updates related to this error.
  User Authorization: Ensure that you have the necessary authorizations to perform the transaction you are attempting.
  
  If the issue persists after checking the above points, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Asset Accounting.