How To Fix AY114 - Asset class &1 allows only group assets. Please correct.

AY114 - Overview

• Message type: E = Error

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

• Message number: 114

• Message text: Asset class &1 allows only group assets. Please correct.

What causes this issue?

The asset class &V1& should only be used for group assets. Therefore,
it is not possible to create an asset in this class.

How to fix this error?

When you create an asset, use an asset class that is not set aside for
group assets.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AY114 - Asset class &1 allows only group assets. Please correct. ?

  The SAP error message AY114 indicates that the asset class you are trying to use is configured to allow only group assets. This means that the asset class is set up in such a way that it does not permit the creation of individual assets, but rather only allows for the creation of group assets.
  
  Cause:
  
  Asset Class Configuration: The asset class you are using has been configured to accept only group assets. This is typically done in the asset accounting settings.
  Incorrect Asset Type: You may be trying to create an individual asset when the asset class is restricted to group assets.
  
  
  Solution:
  
  
  Check Asset Class Configuration:
  
  Go to the transaction code OAOA (or navigate through the menu: Accounting > Financial Accounting > Asset Accounting > Master Data > Asset Class > Define Asset Class).
  Look for the asset class in question and check its settings. Ensure that it is indeed set to allow only group