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

AC438 - Overview

• 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.

AC438 - Details

• 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