How To Fix AB055 - Transaction type & is not for credit postings

AB055 - Overview

• Message type: E = Error

• Message class: AB -

• Message number: 055

• Message text: Transaction type & is not for credit postings

What causes this issue?

You need to post a credit entry to the value adjustment account for the
asset in order to defer special depreciation. The transaction type you
entered is, however, only for debit postings.

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.

Error message extract from SAP system. Copyright SAP SE.

AB055 - Details

• The SAP error message AB055 indicates that the transaction type you are trying to use is not configured for credit postings. This typically occurs in the context of asset accounting when you are attempting to post a transaction that involves crediting an asset account, but the transaction type does not allow for such postings.
  
  Cause:
  
  Transaction Type Configuration: The transaction type you are using is not set up to handle credit postings. In SAP, each transaction type can be configured to allow or disallow certain types of postings (debits or credits).
  Incorrect Transaction Type: You may be using the wrong transaction type for the operation you are trying to perform.
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to perform credit postings for the specified transaction type.
  
  
  Solution:
  
  
  Check Transaction Type Configuration:
  
  Go to the configuration settings for asset accounting (Transaction code: OAOA).
  Look for the transaction type you are using and check its settings.
  Ensure