How To Fix AK009 - No asset exists for the gain/loss posting

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 009

• Message text: No asset exists for the gain/loss posting

What causes this issue?

The transaction type used specifies that the gain/loss from an asset
retirement is to be posted to a separate asset. However, a
corresponding asset could not be found. One of the following could be
the cause of this problem:
There was no corresponding asset entered in asset class &V1&.
A <DS:GLOS.substitution>substitution rule</> that was called up
substituted the asset with ' '.

How to fix this error?

Check the transaction type, the class and, if it applies, the
substitution rule.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AK009 - No asset exists for the gain/loss posting ?

  The SAP error message AK009 ("No asset exists for the gain/loss posting") typically occurs in the context of asset accounting when you are trying to post a gain or loss related to an asset, but the system cannot find a corresponding asset record. This can happen for several reasons, and understanding the cause is essential for resolving the issue.
  Causes of AK009 Error
  
  
  Missing Asset Master Record: The asset for which you are trying to post a gain or loss does not exist in the asset master records.
  
  
  Incorrect Asset Number: The asset number you are using in the transaction may be incorrect or mistyped.
  
  
  Asset Not Active: The asset might be inactive or not fully set up in the system, which can prevent postings.
  
  
  Posting Period Issues: The posting period may be closed, or the asset may not be valid for the current period.
  
  
  Transaction Type Issues: The transaction type used for the posting may not be configured correctly for the asset.
  
  
  Solutions to AK009 Error
  
  
  Verify Asset Master Record:
  
  Check if the asset number you are trying to post against exists in the asset master records (transaction code AS03).
  If it does not exist, you may need to create it (transaction code AS01).
  
  
  
  Check Asset Status:
  
  Ensure that the asset is active and has been fully set up. If the asset is inactive, you may need to activate it.
  
  
  
  Confirm Asset Number:
  
  Double-check the asset number you are using in your transaction to ensure it is correct.
  
  
  
  Review Posting Period:
  
  Make sure that the posting period is open for the asset. You can check this in the period control settings.
  
  
  
  Transaction Type Configuration:
  
  Ensure that the transaction type you are using is correctly configured for the asset. You may need to consult with your SAP configuration team to verify this.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for additional context on the error and related transactions.
  
  
  
  Related Information
  
  
  Transaction Codes:
  
  AS01: Create Asset Master Record
  AS02: Change Asset Master Record
  AS03: Display Asset Master Record
  AB01: Post Asset Document
  ABZON: Unplanned Depreciation
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  
  
  User Authorization: Ensure that you have the necessary authorizations to perform asset postings.
  
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Asset Accounting for further assistance.