How To Fix ACC_AA275 - Retirement type2-Balance revenue-is not supported for group assets

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 275

• Message text: Retirement type2-Balance revenue-is not supported for group assets

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message ACC_AA275 - Retirement type2-Balance revenue-is not supported for group assets ?

  The SAP error message ACC_AA275 indicates that there is an issue with the retirement type for group assets, specifically that the "Balance revenue" retirement type is not supported. This error typically arises when trying to retire a group asset using a retirement type that is not configured or allowed in the system.
  Cause:
  
  Unsupported Retirement Type: The retirement type "Balance revenue" is not configured for group assets in the system. Group assets have specific retirement types that must be used, and using an unsupported type will trigger this error.
  Configuration Issues: The asset accounting configuration may not be set up correctly to handle the retirement of group assets.
  Incorrect Asset Class: The asset class associated with the group asset may not support the retirement type being used.
  
  Solution:
  
  Check Retirement Type: Review the retirement type being used for the asset retirement. Ensure that it is a valid type for group assets. Common retirement types for group assets include "Scrapping" or "Sale."
  Configuration Review: 
  
  Go to the Asset Accounting configuration in SAP (Transaction code: SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Integration > Define Retirement Types.
  Check if the retirement type you are trying to use is defined for group assets. If not, you may need to create or modify the retirement type.
  
  
  Asset Class Settings: Verify the settings for the asset class associated with the group asset. Ensure that it allows for the retirement type you are trying to use.
  Consult Documentation: Review SAP documentation or help resources for specific guidelines on retirement types and group assets to ensure compliance with best practices.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like AS02 (Change Asset), AS03 (Display Asset), or AS11 (Create Asset) to manage assets and check configurations.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuring retirement types for group assets.
  Testing: After making any changes, perform a test retirement of the group asset to ensure that the error is resolved.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in Asset Accounting for further assistance.