How To Fix AY044 - Mark asset as either "new" or "secondhand".

SAP Error Message - Details

• Message type: E = Error

• Message class: AY - Deprec. simulation - maint. module (AIPS) /gen. master data

• Message number: 044

• Message text: Mark asset as either "new" or "secondhand".

What causes this issue?

In master data maintenance, you have marked the asset as 'new'
and 'used'. These are mutually exclusive possibilities.

System Response

The entry is not allowed.

How to fix this error?

Correct your entry.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AY044 - Mark asset as either "new" or "secondhand". ?

  The SAP error message AY044 indicates that when you are trying to create or change an asset, the system requires you to specify whether the asset is "new" or "secondhand." This classification is important for asset accounting, as it affects depreciation calculations and other financial reporting aspects.
  Cause:
  The error occurs when:
  
  You are attempting to create or modify an asset master record without specifying the asset type (new or secondhand).
  The system settings or configuration require this classification, and it is not provided in the asset master data.
  
  Solution:
  To resolve the AY044 error, you need to follow these steps:
  
  
  Access the Asset Master Record:
  
  Go to the transaction code for asset master data (e.g., AS01 for creating a new asset or AS02 for changing an existing asset).
  
  
  
  Specify Asset Type:
  
  In the asset master record, look for the field that allows you to specify whether the asset is "new" or "secondhand." This is typically found in the "General Data" or "Acquisition Data" sections.
  Select the appropriate option based on the nature of the asset you are entering.
  
  
  
  Save the Changes:
  
  After specifying the asset type, save the asset master record. This should resolve the error.
  
  
  
  Related Information:
  
  Asset Types: In SAP, assets can be classified into different categories, such as "new" (assets that are purchased new) and "secondhand" (assets that are acquired used). This classification can impact depreciation methods and rates.
  Configuration Settings: If you frequently encounter this error, it may be worth checking the configuration settings in the Asset Accounting module (transaction code SPRO) to ensure that the asset types are correctly defined and that the system is set up to require this classification.
  Documentation: Refer to SAP documentation or help files for more detailed information on asset accounting and the implications of asset classification.
  
  If you continue to experience issues after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Asset Accounting.