How To Fix FAA_CFG_CHECK505 - Tty &1: Ind. for capitalization and deactivation are mutually exclusive

FAA_CFG_CHECK505 - Overview

• Message type: E = Error

• Message class: FAA_CFG_CHECK - Message Class for consistency check of CFG objects

• Message number: 505

• Message text: Tty &1: Ind. for capitalization and deactivation are mutually exclusive

What causes this issue?

For transaction type &V1&, the indicators <LS>Capitalize Fixed Asset</>
and <LS>Deactivate Fixed Asset</> are both set.
However, these two indicators are mutually exclusive.

System Response

The settings cannot be saved.

How to fix this error?

Depending on whether transaction type &V1& is for acquisitions or for
retirements, set only one of the two indicators mentioned above.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FAA_CFG_CHECK505 - Tty &1: Ind. for capitalization and deactivation are mutually exclusive ?

  The SAP error message FAA_CFG_CHECK505 indicates that there is a configuration issue related to the capitalization and deactivation of an asset in the Asset Accounting (FI-AA) module. Specifically, it suggests that the settings for capitalization and deactivation are mutually exclusive, meaning that both cannot be set at the same time for the same asset.
  
  Cause:
  This error typically arises when:
  
  An asset is configured in such a way that it is set to be both capitalized and deactivated simultaneously, which is not allowed.
  There may be inconsistencies in the asset master data or configuration settings that lead to this conflict.
  The asset transaction being processed (e.g., acquisition, transfer, or retirement) is attempting to perform actions that are not compatible with the current asset status.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Asset Master Data:
  
  Go to the asset master record (transaction code AS03) and review the settings for the asset in question.
  Ensure that the