How To Fix CIAP147 - Finalized asset record & cannot be concluded

CIAP147 - Overview

• Message type: E = Error

• Message class: CIAP - CIAP Message Class

• Message number: 147

• Message text: Finalized asset record & cannot be concluded

What causes this issue?

You are trying to conclude a WBS or an order whose finalized asset
record cannot be concluded. You can only conclude a WBS/Order whose
finalized asset record has its status set to suspended.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CIAP147 - Finalized asset record & cannot be concluded ?

  The SAP error message CIAP147, which states "Finalized asset record & cannot be concluded," typically occurs in the context of asset accounting when you attempt to perform an action on an asset that has already been finalized. This means that the asset record has been closed for further changes, and certain operations cannot be performed on it.
  
  Cause:
  
  Finalization of Asset: The asset has been finalized, meaning that it has been fully depreciated or disposed of, and no further changes can be made to its records.
  Incorrect Transaction: You may be trying to execute a transaction that is not allowed on finalized assets, such as trying to post additional transactions or adjustments.
  System Configuration: There may be specific configurations in the asset accounting settings that prevent changes to finalized assets.
  
  
  Solution:
  
  Check Asset Status: Verify the status of the asset in question. If it is finalized, you will not be able to make further changes. You