How To Fix CMS_CHG012 - Charges not allowed on assets of asset type &1

CMS_CHG012 - Overview

• Message type: E = Error

• Message class: CMS_CHG - Message Class for Charges

• Message number: 012

• Message text: Charges not allowed on assets of asset type &1

What causes this issue?

You have checked the flag for the indicator <ZK>CHG Allw on SAS
</>(charges allowed on sub-assets), for the asset type of the specified
asset in the Implementation Guide (IMG) activity
<DS:SIMG.SIMG_CMS_AST_TYP>Define Asset Types</>. Therefore, you can
define charges only for sub-assets.
<ZH>Note</>: Collateral Management allows you to define charges either
on the asset or the sub-assets and not on both.

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.

CMS_CHG012 - Details

• The SAP error message CMS_CHG012: Charges not allowed on assets of asset type &1 typically occurs in the context of asset accounting when you attempt to post charges or costs to an asset that is of a specific asset type that does not allow such transactions. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Asset Type Restrictions: The asset type specified in the error message (&1) has been configured in the system to disallow certain types of charges or postings. This is often a result of business rules or accounting practices that dictate how different asset types should be treated.
  Configuration Settings: The configuration settings for the asset type in the Asset Accounting module may not permit the posting of charges. This could be due to settings related to capitalization, depreciation, or other financial controls.
  Transaction Type: The type of transaction you are trying to perform may not be compatible