How To Fix AK007 - Asset is a group asset: posting with transaction type not allowed

SAP Error Message - Details

• Message type: E = Error

• Message class: AK - Group asset posting messages (SAPLAMUS)

• Message number: 007

• Message text: Asset is a group asset: posting with transaction type not allowed

What causes this issue?

The asset &V1& &V2& &V3& that is to be posted is defined as a group
asset. Therefore only write-ups and depreciation can be posted directly
to this asset.

How to fix this error?

Check the asset and transaction type &V4&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AK007 - Asset is a group asset: posting with transaction type not allowed ?

  The SAP error message AK007 ("Asset is a group asset: posting with transaction type not allowed") typically occurs when you attempt to post a transaction to a group asset using a transaction type that is not permitted for group assets. Group assets in SAP are used to manage a collection of individual assets as a single entity, and certain transaction types are restricted for these group assets.
  Cause:
  
  Transaction Type Restriction: The transaction type you are using is not allowed for group assets. This can happen if you are trying to post transactions like acquisitions, retirements, or adjustments that are not configured for group assets.
  Configuration Issues: The configuration settings for the asset accounting module may not allow certain transaction types for group assets.
  Incorrect Asset Type: You may be trying to post to an asset that is incorrectly classified or not set up properly in the system.
  
  Solution:
  
  Check Transaction Type: Verify the transaction type you are using. Ensure that it is allowed for group assets. You can do this by checking the configuration in the Asset Accounting (FI-AA) module.
  Use Allowed Transaction Types: If you need to post to a group asset, use transaction types that are specifically allowed for group assets. You may need to consult your SAP documentation or your system administrator for the list of allowed transaction types.
  Review Asset Configuration: Check the configuration of the group asset in the Asset Master Data. Ensure that it is set up correctly and that the necessary settings for group asset transactions are in place.
  Consult with SAP Support: If you are unsure about the configuration or the allowed transaction types, it may be beneficial to consult with your SAP support team or refer to SAP Notes for further guidance.
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) to manage asset data.
  Configuration Path: The configuration for asset accounting can typically be found under the following path in the SAP menu: 
  
  SPRO > Financial Accounting > Asset Accounting > Integration > Define Transaction Types.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues or provide updates related to group assets and transaction types.
  
  By following these steps, you should be able to resolve the AK007 error and successfully post transactions related to group assets in SAP.