How To Fix ACC_AA205 - FI-AA (New) is not compatible with the Lease Accouting Engine (LAE)

ACC_AA205 - Overview

• Message type: E = Error

• Message class: ACC_AA - Message Class for Function Group ACC_AA

• Message number: 205

• Message text: FI-AA (New) is not compatible with the Lease Accouting Engine (LAE)

What causes this issue?

You are using the <LS>Lease Accounting Engine (LAE)</> in your system.
You have configured the Customizing settings and may already have
created assets with the LAE.
However, the LAE is <ZH>not</> compatible with new Asset Accounting.

System Response

The migration of Asset Accounting is <ZH>not</> possible.

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

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 ACC_AA205 - FI-AA (New) is not compatible with the Lease Accouting Engine (LAE) ?

  The SAP error message ACC_AA205 indicates that there is an incompatibility between the Financial Accounting (FI) Asset Accounting (AA) module and the Lease Accounting Engine (LAE). This error typically arises when there are issues with the configuration or integration of asset accounting and lease accounting functionalities in SAP.
  
  Cause:
  
  
  Configuration Issues: The settings in the Asset Accounting module may not be aligned with the requirements of the Lease Accounting Engine.
  Version Compatibility: The version of the FI-AA module may not support the features or functionalities required by the LAE.
  Missing Customizing: Certain customizing settings may be missing or incorrectly configured, leading to incompatibility.
  Data Inconsistencies: There may be inconsistencies in the master data or transaction data related to assets and leases.
  
  
  Solution:
  
  
  Check Configuration: Review the configuration settings for both FI-AA and LAE. Ensure that they are properly aligned and that all necessary settings are activated.
  
  Go to SPRO (SAP Reference IMG) and navigate to the relevant sections