How To Fix AU076 - Asset &1-&2 in co.code &3 (not yet capitalized)

AU076 - Overview

• Message type: E = Error

• Message class: AU - FI-AA utility program error messages

• Message number: 076

• Message text: Asset &1-&2 in co.code &3 (not yet capitalized)

What causes this issue?

During the check for year-end closing, the system creates a log of all
assets that have postings, but have not yet been capitalized.
The only assets that should fall into this category are assets under
construction.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

There are two possibilities:
If the asset is an asset under construction, make a transfer posting of
the asset to a relevant asset master record. You can then show this
asset separately in the year-end closing report, by using a selection
condition.
If the asset is not yet capitalized when it should be, you need to
manually set the capitalization date and the depreciation start date
(depreciation area specification) in the asset master record.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AU076 - Asset &1-&2 in co.code &3 (not yet capitalized) ?

  The SAP error message AU076 indicates that an asset in the specified company code has not yet been capitalized. This typically occurs when an asset is created but has not been fully processed to reflect its capitalization in the financial statements. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Incomplete Asset Creation: The asset may have been created but not yet capitalized due to missing steps in the asset acquisition process.
  Pending Transactions: There may be pending transactions related to the asset that need to be completed before capitalization can occur.
  Incorrect Asset Status: The asset might be in a status that does not allow capitalization (e.g., "under construction" or "in process").
  
  Configuration Issues: There may be configuration settings in the Asset Accounting module that prevent the capitalization of the asset.
  
  
  Solution:
  
  Check Asset Status: Verify the status of the asset in the Asset Master Record. Ensure that it is not in a