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

SAP Error Message - Details

• 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 for Asset Accounting and Lease Accounting.
  
  
  
  Update SAP Version: Ensure that you are using a compatible version of SAP that supports the integration of FI-AA and LAE. If necessary, consider applying the latest support packages or patches.
  
  
  Review Customizing Settings: Check the customizing settings for both modules to ensure that all required parameters are set correctly. This includes settings related to asset classes, depreciation areas, and lease accounting settings.
  
  
  Data Consistency Check: Perform a consistency check on the asset and lease data. Look for any discrepancies or missing entries that could lead to this error.
  
  
  Consult Documentation: Refer to SAP Notes and documentation related to the integration of FI-AA and LAE. SAP Notes may provide specific guidance or fixes for known issues.
  
  
  Testing: After making changes, conduct thorough testing to ensure that the error is resolved and that both modules are functioning correctly together.
  
  
  Related Information:
  
  SAP Notes: Search for relevant SAP Notes in the SAP Support Portal that address the ACC_AA205 error or provide guidance on integrating FI-AA with LAE.
  SAP Community: Engage with the SAP Community forums to see if other users have encountered similar issues and what solutions they have implemented.
  Documentation: Review the official SAP documentation for both Asset Accounting and Lease Accounting to understand the requirements and configurations needed for compatibility.
  
  If the issue persists after following these steps, it may be beneficial to consult with an SAP expert or your organization's SAP support team for further assistance.