How To Fix AY353 - No retirement posting was found for asset & & in depreciation area &

AY353 - Overview

• Message type: E = Error

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

• Message number: 353

• Message text: No retirement posting was found for asset & & in depreciation area &

What causes this issue?

In the chart of depreciation of the new asset, depreciation area
&V3& is an area that is intended to be transferred historically.
However, in the old asset &V1& &V2&, the system could not find a
retirement posting with revenue to an affiliated company.

System Response

This depreciation area is not transferred historically.

Error message extract from SAP system. Copyright SAP SE.

AY353 - Details

• The SAP error message AY353 indicates that there is no retirement posting found for a specific asset in a given depreciation area. This typically occurs during the asset retirement process, where the system expects to find a corresponding retirement posting for the asset in question but cannot locate it.
  
  Cause:
  
  Missing Retirement Posting: The most common cause is that the asset has not been retired properly, or the retirement posting has not been executed.
  Incorrect Configuration: There may be issues with the configuration of the asset accounting settings, particularly in the depreciation area.
  Data Entry Errors: There could be errors in the asset master data or in the transaction data that prevent the system from recognizing the retirement.
  Timing Issues: The retirement posting may have been done in a different period, and the system is unable to find it in the current period.
  
  
  Solution:
  
  Check Retirement Posting: Verify if the retirement posting for the asset has been