How To Fix AB077 - Enter a transaction type for impairment of current-year acquisitions

SAP Error Message - Details

• Message type: E = Error

• Message class: AB -

• Message number: 077

• Message text: Enter a transaction type for impairment of current-year acquisitions

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message AB077 - Enter a transaction type for impairment of current-year acquisitions ?

  The SAP error message AB077, which states "Enter a transaction type for impairment of current-year acquisitions," typically occurs in the context of asset accounting when you are trying to post an impairment for an asset that was acquired in the current fiscal year. This error indicates that the system requires a specific transaction type to process the impairment correctly.
  Cause:
  
  Missing Transaction Type: The error usually arises when the transaction type for the impairment of current-year acquisitions is not defined in the system.
  Configuration Issues: The configuration settings for asset accounting may not be set up correctly, particularly for the transaction types related to impairments.
  Incorrect Asset Class: The asset class may not be configured to allow impairments for current-year acquisitions.
  
  Solution:
  To resolve the AB077 error, you can follow these steps:
  
  
  Define Transaction Type:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Transactions > Define Transaction Types.
  Check if the transaction type for impairment of current-year acquisitions is defined. If not, you will need to create or modify an existing transaction type to include this functionality.
  
  
  
  Check Configuration:
  
  Ensure that the transaction type is correctly assigned to the relevant asset classes.
  Verify that the settings for the transaction type allow for impairments on current-year acquisitions.
  
  
  
  Review Asset Class Settings:
  
  Go to Financial Accounting (New) > Asset Accounting > Master Data > Asset Classes.
  Check the settings for the asset class in question to ensure it supports impairment transactions.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Consult Documentation: If you are unsure about the configuration steps, refer to SAP documentation or consult with your SAP support team for guidance.
  
  
  Related Information:
  
  Transaction Types: In SAP, transaction types are used to categorize different types of postings in asset accounting, such as acquisitions, retirements, and impairments.
  Impairment: Impairment refers to a reduction in the carrying amount of an asset when its recoverable amount is less than its carrying amount.
  Asset Accounting Configuration: Proper configuration of asset accounting is crucial for accurate financial reporting and compliance with accounting standards.
  
  If the issue persists after following these steps, it may be beneficial to consult with an SAP expert or your internal IT support team for further assistance.