How To Fix AC477 - Group asset & does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 477

• Message text: Group asset & does not exist

What causes this issue?

Group asset &v1&-&v2& does not exist in any company code belonging to
chart of depreciation &v3&.

How to fix this error?

Correct your entry, or define the group asset. It is possible that
asset &v1& exists, but is not defined as a group asset.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC477 - Group asset & does not exist ?

  The SAP error message AC477, which states "Group asset & does not exist," typically occurs in the context of asset accounting when you are trying to perform an operation related to a group asset that the system cannot find. This can happen in various scenarios, such as during asset postings, transfers, or when trying to display asset information.
  Causes:
  
  Incorrect Asset Number: The group asset number you are trying to access may be incorrect or mistyped.
  Asset Not Created: The group asset may not have been created in the system.
  Data Deletion: The group asset may have been deleted or archived.
  Authorization Issues: The user may not have the necessary authorizations to view or access the group asset.
  Configuration Issues: There may be configuration issues in the asset accounting settings that prevent the system from recognizing the group asset.
  
  Solutions:
  
  Verify Asset Number: Double-check the group asset number you are using to ensure it is correct.
  Check Asset Existence: Use transaction code AS03 (Display Asset) to check if the group asset exists in the system. If it does not, you may need to create it.
  Review Deletion/Archiving: Check if the asset has been deleted or archived. If it has been archived, you may need to restore it or create a new one.
  Authorization Check: Ensure that you have the necessary authorizations to access the group asset. You may need to contact your SAP security administrator for assistance.
  Consult Configuration: If you suspect a configuration issue, consult with your SAP FI/CO consultant to review the asset accounting settings and ensure everything is set up correctly.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  AS01: Create Asset
  AS02: Change Asset
  AS03: Display Asset
  AS11: Create Group Asset
  AS12: Change Group Asset
  AS13: Display Group Asset
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Documentation: Review SAP documentation on Asset Accounting for more detailed information on managing group assets.
  
  If the issue persists after trying the above solutions, it may be beneficial to consult with your SAP support team or a technical consultant for further investigation.