How To Fix AU212 - Specify a leasing type for the asset &-&.

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 212

• Message text: Specify a leasing type for the asset &-&.

What causes this issue?

You must specify a leasing type for the automatic initial posting of
a leased asset.

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?

Specify a leasing type in the master record of the asset concerned.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AU212 - Specify a leasing type for the asset &-&. ?

  The SAP error message AU212 ("Specify a leasing type for the asset &-&.") typically occurs in the context of asset accounting when you are trying to create or modify an asset that is related to leasing. This error indicates that the system requires you to specify a leasing type for the asset you are working with.
  Cause:
  
  Missing Leasing Type: The asset you are trying to create or modify does not have a leasing type assigned to it. This is a mandatory field for assets that are classified as leased.
  Configuration Issues: The asset class may not be properly configured to handle leasing types, or the leasing type may not be defined in the system.
  Data Entry Error: There may have been an oversight during data entry where the leasing type was not filled in.
  
  Solution:
  
  
  Specify Leasing Type:
  
  When creating or modifying the asset, ensure that you fill in the leasing type field. This can usually be done in the asset master record (transaction code AS01 for create, AS02 for change).
  
  
  
  Check Asset Class Configuration:
  
  Go to the configuration settings for the asset class in transaction code OAOA (Define Asset Classes) and ensure that the leasing type is defined and that the asset class is set up to allow leasing.
  
  
  
  Review Leasing Types:
  
  Check the available leasing types in the system (transaction code OAYD) to ensure that the leasing type you want to use is defined and active.
  
  
  
  Consult Documentation:
  
  If you are unsure about which leasing type to use, consult your organization's documentation or speak with your finance or asset management team for guidance on the appropriate leasing type for the asset in question.
  
  
  
  Testing:
  
  After making the necessary changes, try to create or modify the asset again to see if the error persists.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  AS01: Create Asset
  AS02: Change Asset
  OAOA: Define Asset Classes
  OAYD: Define Leasing Types
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. You can search for relevant notes in the SAP Support Portal.
  
  
  Documentation: Review SAP Help documentation for Asset Accounting to understand the requirements and configurations related to leasing.
  
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Asset Accounting.