How To Fix AC766 - Transaction type &1 does not have affiliated company indicator

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 766

• Message text: Transaction type &1 does not have affiliated company indicator

What causes this issue?

The "affiliated companies" indicator (XAVERB) is not set for
transaction type &V1&.

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 the Customizing settings for transaction types.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC766 - Transaction type &1 does not have affiliated company indicator ?

  The SAP error message AC766 indicates that a specific transaction type does not have an affiliated company indicator assigned to it. This error typically occurs in the context of Asset Accounting (FI-AA) when trying to post transactions related to fixed assets.
  Cause:
  The error is caused by the following reasons:
  
  Missing Configuration: The transaction type you are trying to use is not configured with an affiliated company indicator in the Asset Accounting settings.
  Incorrect Transaction Type: The transaction type may not be appropriate for the asset or the transaction you are trying to perform.
  Custom Transaction Types: If you are using custom transaction types, they may not have been properly set up to include the affiliated company indicator.
  
  Solution:
  To resolve the AC766 error, you can follow these steps:
  
  
  Check Transaction Type Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Transaction Types > Define Transaction Types.
  Find the transaction type that is causing the error and check if it has an affiliated company indicator assigned.
  
  
  
  Assign Affiliated Company Indicator:
  
  If the affiliated company indicator is missing, you can assign it by editing the transaction type configuration.
  Ensure that the affiliated company indicator is correctly set up according to your organizational structure.
  
  
  
  Review Transaction Type Usage:
  
  Ensure that the transaction type you are using is appropriate for the asset and the type of transaction you are trying to post (e.g., acquisition, transfer, retirement).
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific details on the transaction type and its configuration.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Transaction Types: In SAP Asset Accounting, transaction types define how transactions are processed and how they affect the asset's value and accounting records.
  Affiliated Company Indicator: This indicator is used to specify the relationship between different company codes in a corporate group, which is important for intercompany transactions.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Asset Accounting.