How To Fix AW050 - Line item settlement is not possible for asset & & &

SAP Error Message - Details

• Message type: E = Error

• Message class: AW - AuC messages

• Message number: 050

• Message text: Line item settlement is not possible for asset & & &

What causes this issue?

The below translation is correct in 4.6C. It does not exactly match
the German source because the up-to-date German text was lost in
transport and replaced by an outdated text. This should be corrected
in the next release.
You want to carry out line item settlement of an asset under
construction. This transaction can only be carried out for assets with
active line item management.
However, line item settlement is <ZH>not</> active in the asset class
of asset &v2& &v3& (company code &v1&).
If the asset is an asset under construction belonging to an investment
measure, then you should carry out the settlement using order or
project 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?

Check the setting for 'status of AuC' in the definition of the asset
class.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AW050 - Line item settlement is not possible for asset & & & ?

  The SAP error message AW050 ("Line item settlement is not possible for asset & & &") typically occurs during the settlement process of an asset in the Asset Accounting (FI-AA) module. This error indicates that there is an issue preventing the settlement of line items for a specific asset. Here are some common causes, solutions, and related information for this error:
  Causes:
  
  Asset Not Fully Capitalized: The asset may not be fully capitalized, meaning that there are still costs that need to be capitalized before settlement can occur.
  Settlement Rules: The asset may not have valid settlement rules defined. If the asset is not set up correctly for settlement, it will lead to this error.
  Incorrect Status: The asset might be in a status that does not allow for settlement (e.g., it may be in a "blocked" status).
  Missing or Incorrect Master Data: There may be missing or incorrect master data related to the asset, such as the asset class or cost center.
  Open Line Items: There may be open line items that need to be settled before the asset can be settled.
  Period Closing: The posting period may be closed, preventing any further transactions, including settlements.
  
  Solutions:
  
  Check Asset Status: Verify the status of the asset in the Asset Explorer (transaction code AW01N) to ensure it is not blocked or in a status that prevents settlement.
  Review Settlement Rules: Ensure that the asset has valid settlement rules defined. You can check this in the asset master data.
  Capitalize Costs: If there are costs that have not been capitalized, ensure that they are capitalized before attempting to settle the asset.
  Open Line Items: Check for any open line items that need to be settled. You can use transaction code AW01N to review line items associated with the asset.
  Check Posting Period: Ensure that the posting period is open for the settlement transaction. If it is closed, you may need to open it or perform the settlement in a different period.
  Review Master Data: Check the asset master data for any inconsistencies or missing information that could affect the settlement process.
  
  Related Information:
  
  Transaction Codes:
  
  AW01N: Asset Explorer
  AW02: Change Asset Master Data
  AW03: Display Asset Master Data
  KOB1: Display Document for Cost Center
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  Documentation: Review SAP documentation related to Asset Accounting and settlement processes for further guidance.
  
  If the issue persists after checking the above points, it may be beneficial to consult with your SAP support team or refer to SAP community forums for additional assistance.