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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message AB055 - Transaction type & is not for credit postings ?

  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 that the transaction type is configured to allow credit postings if that is necessary for your business process.
  
  
  
  Use the Correct Transaction Type:
  
  Verify that you are using the correct transaction type for the posting you intend to make. If you need to perform a credit posting, ensure that the transaction type supports it.
  
  
  
  Consult with Your SAP Administrator:
  
  If you do not have access to change the configuration, consult with your SAP administrator or the person responsible for SAP configuration in your organization. They can help you adjust the settings or provide guidance on the correct transaction type to use.
  
  
  
  Check User Authorizations:
  
  Ensure that your user profile has the necessary authorizations to perform credit postings. This may involve checking with your security team or SAP Basis team.
  
  
  
  Related Information:
  
  Transaction Types in Asset Accounting: Transaction types in SAP Asset Accounting define how different types of transactions (like acquisitions, retirements, transfers, etc.) are processed. Each transaction type can have specific settings that determine whether it allows debit or credit postings.
  SAP Documentation: Refer to SAP Help documentation for detailed information on configuring transaction types and understanding their implications in asset accounting.
  SAP Notes: Check SAP Notes for any known issues or additional guidance related to the AB055 error message.
  
  By following these steps, you should be able to resolve the AB055 error and successfully perform the desired transaction in SAP.