How To Fix AU215 - Specify a leasing cycle for the asset &-&.

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 215

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

What causes this issue?

You must specify the payment pattern of the leasing charges for the
automatic initial posting of the 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 the payment pattern in the master record of the leased asset.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AU215 - Specify a leasing cycle for the asset &-&. ?

  The SAP error message AU215 ("Specify a leasing cycle for the asset &-&.") typically occurs in the context of asset accounting, particularly when dealing with leased assets. This error indicates that the system requires a leasing cycle to be defined for the specified asset, but it has not been provided.
  Cause:
  
  Missing Leasing Cycle: The asset in question does not have a leasing cycle defined in its master data.
  Configuration Issues: The configuration settings for leasing in the asset accounting module may not be properly set up.
  Data Entry Error: There may have been an oversight during the asset creation or modification process, leading to the omission of the leasing cycle.
  
  Solution:
  To resolve the AU215 error, you can follow these steps:
  
  
  Check Asset Master Data:
  
  Go to the Asset Master Data (Transaction Code: AS02 for change or AS03 for display).
  Enter the asset number and check the details.
  Ensure that the leasing cycle is specified in the relevant fields.
  
  
  
  Define Leasing Cycle:
  
  If the leasing cycle is missing, you need to define it. This can typically be done in the asset master data under the leasing information section.
  If you are unsure about the correct leasing cycle to use, consult with your finance or asset management team.
  
  
  
  Configuration Settings:
  
  If the leasing cycle is not available as an option, you may need to check the configuration settings in the Asset Accounting module.
  This can be done through the following path in the SAP menu: 
  
  SPRO > Financial Accounting > Asset Accounting > Integration with Financial Accounting > Define Leasing Cycle.
  
  
  Ensure that the leasing cycles are properly configured and active.
  
  
  
  Consult Documentation:
  
  Review any relevant documentation or guidelines provided by your organization regarding asset management and leasing cycles.
  
  
  
  Testing:
  
  After making the necessary changes, try to execute the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), AS03 (Display Asset), and AS04 (Display Asset History).
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address the issue.
  User Roles: Ensure that you have the necessary permissions to modify asset master data and configuration settings.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant specializing in Asset Accounting for further assistance.