How To Fix AU242 - The inventory number was entered without a company code.

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 242

• Message text: The inventory number was entered without a company code.

What causes this issue?

You entered the inventory number, but not the company code to which the
asset belongs.

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?

In addition to the inventory number, enter the company code to which
the asset belongs.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AU242 - The inventory number was entered without a company code. ?

  The SAP error message AU242 indicates that an inventory number was entered without a corresponding company code. This error typically arises in the Asset Accounting (FI-AA) module when trying to process asset-related transactions, such as acquisitions, transfers, or retirements, where the system requires a valid company code to associate with the asset.
  Cause:
  
  Missing Company Code: The asset master record may not have a company code assigned.
  Incorrect Data Entry: The user may have entered the inventory number without specifying the company code.
  Configuration Issues: There may be issues in the configuration of the asset accounting settings in the SAP system.
  Data Migration Issues: If data was migrated from another system, the company code might not have been properly linked to the inventory numbers.
  
  Solution:
  
  
  Check Asset Master Record:
  
  Go to the Asset Master Record (Transaction Code: AS03) and verify that the asset has a valid company code assigned.
  If the company code is missing, you may need to create or update the asset master record with the correct company code.
  
  
  
  Correct Data Entry:
  
  Ensure that when entering the inventory number, the company code is specified in the transaction. This can often be done in the initial screen of the transaction.
  
  
  
  Review Configuration:
  
  Check the configuration settings in the Asset Accounting module to ensure that the company codes are properly set up and linked to the relevant asset classes.
  
  
  
  Data Migration Review:
  
  If the error occurred after a data migration, review the migration process to ensure that all necessary fields, including company codes, were correctly populated.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on handling asset accounting errors.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset).
  Asset Accounting Configuration: Understanding the configuration settings in SPRO (SAP Project Reference Object) related to Asset Accounting can help in troubleshooting.
  SAP Notes: Check for any SAP Notes related to error AU242 for additional insights or patches that may address the issue.
  
  By following these steps, you should be able to resolve the AU242 error and ensure that your asset transactions are processed correctly.