How To Fix /ATL/ASSET114 - Data for period & is posted in company &

SAP Error Message - Details

• Message type: E = Error

• Message class: /ATL/ASSET -

• Message number: 114

• Message text: Data for period & is posted in company &

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message /ATL/ASSET114 - Data for period & is posted in company & ?

  The SAP error message /ATL/ASSET114 typically indicates that there is an issue with asset accounting, specifically related to the posting of data for a particular period in a specific company code. This error usually arises when there are attempts to post transactions in a period that is already closed or when there are inconsistencies in the asset data.
  Cause:
  
  Closed Posting Period: The most common cause is that the posting period for the company code has been closed in the financial accounting settings, preventing any further postings.
  Incorrect Configuration: There may be configuration issues in the asset accounting settings that prevent postings.
  Data Inconsistencies: There could be inconsistencies in the asset master data or transaction data that need to be resolved.
  Authorization Issues: The user may not have the necessary authorizations to post in the specified period.
  
  Solution:
  
  
  Check Posting Period:
  
  Go to the transaction code OB52 to check the posting periods for the relevant company code. Ensure that the period you are trying to post to is open.
  If necessary, you can open the period for posting, but be cautious as this may affect financial reporting.
  
  
  
  Review Asset Master Data:
  
  Check the asset master data for any inconsistencies or errors. You can use transaction code AS03 to display asset details and verify that everything is correct.
  
  
  
  Transaction Data Review:
  
  Review any related transaction data that may be causing the issue. Ensure that all necessary transactions have been posted correctly.
  
  
  
  Authorization Check:
  
  Ensure that the user attempting to post has the necessary authorizations. You can check this in the user roles and authorizations.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about opening a closed period or making changes, consult with your finance team or SAP administrator to ensure compliance with accounting policies.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB52: Change Posting Periods
  AS03: Display Asset Master Record
  AS01: Create Asset Master Record
  AS02: Change Asset Master Record
  
  
  
  SAP Notes: Check SAP Notes for any specific patches or updates related to asset accounting that may address known issues.
  
  
  Documentation: Refer to SAP documentation for Asset Accounting for detailed information on configuration and posting processes.
  
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it. If the issue persists, consider reaching out to SAP support for further assistance.