How To Fix AC466 - Trans.type &1: The entered trans.type &2 does not exist

AC466 - Overview

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 466

• Message text: Trans.type &1: The entered trans.type &2 does not exist

What causes this issue?

Transaction type &V2& was entered in the transaction type definition
&V1&. Transaction type &V2& does not exist for acquisitions in the same
year or for offsetting 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?

Enter a different transaction type in transaction type definition &V1&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC466 - Trans.type &1: The entered trans.type &2 does not exist ?

  The SAP error message AC466 indicates that there is an issue with the transaction type being used in the context of Asset Accounting (FI-AA). Specifically, the error message states that the entered transaction type does not exist in the system.
  
  Cause:
  
  Invalid Transaction Type: The transaction type you are trying to use (denoted as &2 in the error message) is not defined in the system.
  
  Configuration Issues: The transaction type may not have been configured properly in the Asset Accounting settings.
  Authorization Issues: The user may not have the necessary authorizations to access the specified transaction type.
  Data Entry Error: There may have been a typographical error when entering the transaction type.
  
  
  Solution:
  
  
  Check Transaction Type: Verify that the transaction type you are trying to use is correctly entered and exists in the system. You can do this by navigating to the configuration settings for Asset Accounting.
  
  Use transaction code OAOA to check the configuration of transaction types.
  
  
  
  Create