How To Fix AW004 - Asset has no open items

SAP Error Message - Details

• Message type: E = Error

• Message class: AW - AuC messages

• Message number: 004

• Message text: Asset has no open items

What causes this issue?

The asset does not have any transactions that can be settled
as open items in exact line item settlement.

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?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AW004 - Asset has no open items ?

  The SAP error message AW004 ("Asset has no open items") typically occurs when you are trying to perform an action on an asset that does not have any open items associated with it. This can happen in various scenarios, such as when trying to post a transaction related to an asset or when attempting to run a report that requires open items.
  Cause:
  
  No Open Items: The primary reason for this error is that the asset in question does not have any open items. Open items are usually transactions that have not been fully processed or cleared.
  Asset Status: The asset may be in a status that does not allow for further transactions, such as being fully depreciated or retired.
  Posting Period: The posting period may be closed, preventing any new transactions from being recorded against the asset.
  Incorrect Asset Number: The asset number entered may be incorrect or may not exist in the system.
  
  Solution:
  
  Check Asset Status: Verify the status of the asset. If it is fully depreciated or retired, you may need to create a new asset or adjust the existing one.
  Review Open Items: Use transaction codes like AW01N (Asset Explorer) to check if there are any open items for the asset. If there are none, you may need to create a new transaction that generates open items.
  Posting Period: Ensure that the posting period is open. You can check this in the period control settings in the Asset Accounting module.
  Correct Asset Number: Double-check the asset number you are using to ensure it is correct and exists in the system.
  Transaction Type: Ensure that the transaction type you are trying to post is appropriate for the asset's current status.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  AW01N: Asset Explorer
  AS03: Display Asset
  AS02: Change Asset
  
  
  Documentation: Refer to SAP documentation or help files for detailed information on asset accounting and the specific transactions you are working with.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Consult with SAP Support: If the issue persists, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  By following these steps, you should be able to identify the cause of the AW004 error and take appropriate action to resolve it.