How To Fix AC438 - Transaction type & not allowed here - correct your entry

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 438

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

What causes this issue?

You cannot use transaction type &V1& for retirements, acquisitions, or
transfers of current-year acquisitions (acquisitions in the current
fiscal year).
The transaction type has to be defined for one of the following:
Retirement of current-year acquisition
Retirement transfer of current-year acquisition
Acquiring transfer to current-year acquisition
Acquisition to current-year acquisition
Possibly certain indicators are set inconsistently in the transaction
type, such as 'retirement with revenue,' 'repayment of investment
support,' and so on.

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 entries and then use an appropriate transaction type.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC438 - Transaction type & not allowed here - correct your entry ?

  The SAP error message AC438, 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 perform an action that is not permitted for the specified transaction type in the current context.
  Cause:
  
  Invalid Transaction Type: The transaction type you are trying to use is not valid for the operation you are performing. This could be due to configuration settings in the system.
  Transaction Type Restrictions: Certain transaction types may be restricted based on the asset class, company code, or other criteria defined in the system.
  Incorrect Configuration: The configuration settings for the asset accounting module may not allow the specified transaction type in the current context (e.g., during a specific period or for a specific asset class).
  
  Solution:
  
  Check Transaction Type: Verify that the transaction type you are using is appropriate for the action you are trying to perform. You can do this by checking the documentation or configuration settings for asset accounting.
  Review Configuration: Go to the configuration settings in SAP (Transaction SPRO) and navigate to:
  
  Financial Accounting (New) > Asset Accounting > Integration > Define Transaction Types.
  Ensure that the transaction type is correctly defined and allowed for the relevant asset class and company code.
  
  
  Consult with SAP Administrator: If you are unsure about the configuration or the allowed transaction types, consult with your SAP administrator or a functional consultant who specializes in Asset Accounting.
  Check for Period Lock: Ensure that the posting period is open for the transaction type you are trying to use. If the period is closed, you may need to open it or use a different transaction type.
  Use Correct Transaction: If the transaction type is indeed not allowed in the current context, consider using a different transaction type that is permitted.
  
  Related Information:
  
  Transaction Types: In SAP Asset Accounting, transaction types define the nature of the transaction (e.g., acquisition, retirement, transfer) and determine how the system processes the transaction.
  Asset Classes: Different asset classes may have different allowed transaction types based on their configuration.
  Documentation: Refer to SAP Help documentation for detailed information on transaction types and their configurations.
  
  If the issue persists after checking the above points, it may be beneficial to look into SAP Notes or reach out to SAP support for further assistance.