How To Fix AC114 - Transaction type & not allowed here - correct your entry

AC114 - Overview

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 114

• Message text: Transaction type & not allowed here - correct your entry

What causes this issue?

Transaction type &V1& cannot be used for the offsetting posting of a
retirement transfer.
The transaction type for the offsetting entry has to be an acquisition
transfer transaction type, and has to have the same current-year
acquisitions indicator. Both of these features are specified in the
transaction type group. The current-year acquisitions indicator
specifies whether you are transferring acquisitions from the current
fiscal year, or acquisition from previous fiscal years.

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?

Check your entry, and use an appropriate transaction type for the
offsetting entry.
Check the Customizing definition of the transaction type.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC114 - Transaction type & not allowed here - correct your entry ?

  The SAP error message AC114, which states "Transaction type & not allowed here - correct your entry," typically occurs in the context of Asset Accounting (FI-AA) when a user attempts to post a transaction that is not permitted for the specified transaction type in the current context.
  
  Cause:
  
  Incorrect Transaction Type: The transaction type being used is not valid for the operation you are trying to perform. Each transaction type in SAP Asset Accounting is associated with specific activities (e.g., acquisition, retirement, transfer) and may have restrictions based on the asset's status or the type of posting.
  
  Configuration Issues: The configuration settings in the Asset Accounting module may not allow the specified transaction type for the asset or the transaction context (e.g., company code, asset class).
  Authorization Issues: The user may not have the necessary authorizations to perform the transaction with the specified transaction type.
  
  
  Solution:
  
  Check Transaction Type: Verify that the transaction type you are