How To Fix AISC002 - Retirement date must be &1 or later

SAP Error Message - Details

• Message type: E = Error

• Message class: AISC - Messages from Function Group AISC (Asset Master Data Check)

• Message number: 002

• Message text: Retirement date must be &1 or later

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message AISC002 - Retirement date must be &1 or later ?

  The SAP error message AISC002, which states "Retirement date must be &1 or later," typically occurs in the context of asset management when you are trying to retire an asset with a retirement date that is earlier than the asset's acquisition date or other relevant date constraints.
  Cause:
  
  Retirement Date Issue: The retirement date you are trying to enter is earlier than the asset's acquisition date or the last transaction date.
  Configuration Settings: There may be specific configuration settings in the asset management module that enforce certain rules regarding retirement dates.
  Data Entry Error: It could simply be a mistake in data entry where the date was incorrectly input.
  
  Solution:
  
  Check Dates: Verify the acquisition date of the asset and ensure that the retirement date you are entering is equal to or later than this date.
  Adjust Retirement Date: If the retirement date is indeed earlier, adjust it to a valid date that meets the criteria.
  Review Asset History: Look at the asset's history to ensure there are no other transactions that might affect the retirement date.
  Consult Configuration: If you suspect that the error is due to configuration settings, consult with your SAP administrator or a functional consultant to review the asset management settings.
  Transaction Codes: Use transaction codes like AS02 (Change Asset) or AS03 (Display Asset) to review the asset details and make necessary adjustments.
  
  Related Information:
  
  Asset Management Module: This error is related to the Asset Accounting (FI-AA) module in SAP, which manages fixed assets.
  Documentation: Refer to SAP Help documentation for Asset Accounting for more detailed information on asset retirement processes and rules.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Training: Ensure that users handling asset management are trained on the correct procedures for entering retirement dates and understanding the implications of asset transactions.
  
  By following these steps, you should be able to resolve the AISC002 error and successfully process the asset retirement.