How To Fix AY124 - &1 is statistical - no asset under const. is created

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 124

• Message text: &1 is statistical - no asset under const. is created

What causes this issue?

You are managing the investment measure &V1& statistically.
Investment profile &V2& requires that an asset under construction be
created. However, there is no settlement for statistical objects, and
therefore the system does not create an asset under construction.

System Response

No asset under construction is created
or, the system does not branch to maintenance for the AuC.

How to fix this error?

Nothing needs to be done.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AY124 - &1 is statistical - no asset under const. is created ?

  The SAP error message AY124 indicates that an asset is being treated as a statistical asset, and therefore, no asset under construction (AuC) is being created. This typically occurs in the context of asset accounting when you are trying to capitalize costs related to an asset that is not intended to be a real asset but rather a statistical one.
  Cause:
  
  Statistical Asset: The asset in question is defined as a statistical asset in the system. Statistical assets are used for reporting purposes and do not have a real financial impact.
  Configuration Issues: There may be configuration settings in the asset accounting module that are not set up correctly, leading to the system treating the asset as statistical.
  Incorrect Asset Class: The asset class assigned to the asset may be configured to treat assets as statistical.
  Transaction Type: The transaction type used for the posting may not allow for the creation of an asset under construction.
  
  Solution:
  
  Check Asset Class Configuration: Review the configuration of the asset class assigned to the asset. Ensure that it is set up to allow for the creation of assets under construction.
  Review Asset Master Data: Check the asset master data to confirm that it is not marked as a statistical asset. If it is, you may need to create a new asset with the correct settings.
  Adjust Transaction Type: Ensure that the transaction type being used for the posting is appropriate for creating an asset under construction. You may need to use a different transaction type that allows for this.
  Consult Documentation: Refer to SAP documentation or consult with your SAP support team to understand the specific settings and configurations that may be causing this issue.
  
  Related Information:
  
  Asset Accounting (FI-AA): This module in SAP is responsible for managing fixed assets, including their acquisition, depreciation, and disposal.
  Statistical Assets: These are assets that are tracked for reporting purposes but do not affect the financial statements.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) to manage asset data effectively.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on asset accounting configurations.
  
  If the issue persists after checking these areas, it may be beneficial to engage with your SAP support team or a consultant who specializes in SAP Asset Accounting for further assistance.