How To Fix AY357 - No retirement posting was found for asset & &

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 357

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

What causes this issue?

No retirement posting with revenue to an affiliated company was found
for asset &V1& &V2& in the worklist. However, this posting is needed
in order to be able to post the acquisition posting to the new asset.

System Response

The new asset is not created and not posted.

How to fix this error?

In order to transfer the assets not created and/or not posted,
start the report again with the same worklist. Then process the
CATT run in the foreground. This gives you the chance to correct the
errors by hand. The assets that were already created and/or posted
correctly are indicated in the worklist. You do not have to
process them again.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AY357 - No retirement posting was found for asset & & ?

  The SAP error message AY357 "No retirement posting was found for asset & &" typically occurs in the context of asset accounting when you are trying to retire an asset, but the system cannot find a corresponding retirement posting for that asset. This can happen for several reasons, and understanding the cause is essential for resolving the issue.
  Causes:
  
  
  Missing Retirement Posting: The most common cause is that the asset has not been retired properly in the system. This could be due to a missing or incomplete transaction.
  
  
  Incorrect Asset Number: The asset number you are trying to retire may be incorrect or does not exist in the system.
  
  
  Posting Period Issues: The posting period for the retirement transaction may be closed, preventing the posting from being recorded.
  
  
  Configuration Issues: There may be configuration issues in the asset accounting module that prevent the retirement from being processed correctly.
  
  
  Data Inconsistencies: There may be inconsistencies in the asset master data or transaction history that prevent the system from recognizing the retirement.
  
  
  Solutions:
  
  
  Check Asset Retirement Transactions: Verify that the asset has been retired correctly. You can do this by checking the asset history and ensuring that a retirement posting exists.
  
  
  Verify Asset Number: Double-check the asset number you are using to ensure it is correct and exists in the system.
  
  
  Review Posting Periods: Ensure that the posting period for the retirement transaction is open. If it is closed, you may need to open it or post the transaction in a different period.
  
  
  Repost Retirement: If the retirement posting is missing, you may need to repost the retirement transaction for the asset.
  
  
  Check Configuration: Review the configuration settings in the asset accounting module to ensure that everything is set up correctly for asset retirements.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on asset retirement processes.
  
  
  Contact Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS02 (Change Asset), AS03 (Display Asset), and ABAVN (Asset Retirement by Scrapping).
  Asset Accounting Configuration: Review the configuration settings in the Asset Accounting module to ensure that all necessary parameters are set correctly.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  
  By following these steps, you should be able to identify the cause of the AY357 error and implement a solution to resolve it.