How To Fix FAA_CMP066 - Only possible to deactivate company code if there are no active assets

SAP Error Message - Details

• Message type: E = Error

• Message class: FAA_CMP - Asset Accounting: Configuration Object Company Code

• Message number: 066

• Message text: Only possible to deactivate company code if there are no active assets

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FAA_CMP066 - Only possible to deactivate company code if there are no active assets ?

  The SAP error message FAA_CMP066 indicates that you are trying to deactivate a company code in the Asset Accounting (FI-AA) module, but the system has detected that there are active assets associated with that company code. This restriction is in place to ensure data integrity and prevent the loss of important asset-related information.
  Cause:
  The error occurs because:
  
  There are one or more active fixed assets linked to the company code you are trying to deactivate.
  The system requires that all assets must be either retired or transferred before a company code can be deactivated.
  
  Solution:
  To resolve this error, you need to ensure that there are no active assets in the company code. Here are the steps you can take:
  
  
  Check Active Assets:
  
  Use transaction code AW01N (Asset Explorer) to view all assets associated with the company code.
  Filter the assets by the company code to identify which assets are still active.
  
  
  
  Retire or Transfer Assets:
  
  If there are active assets, you can either retire them or transfer them to another company code.
  To retire an asset, you can use transaction code ABAVN (Unplanned Depreciation) or ABT1N (Transfer within Company Code).
  Ensure that all necessary depreciation and accounting entries are completed before retiring or transferring assets.
  
  
  
  Check for Inactive Assets:
  
  If there are inactive assets, ensure that they are not linked to any active transactions or processes.
  
  
  
  Deactivate Company Code:
  
  Once all active assets have been retired or transferred, you can proceed to deactivate the company code using transaction code OAYC (Deactivate Company Code).
  
  
  
  Related Information:
  
  Asset Accounting Configuration: Ensure that your asset accounting configuration is set up correctly to handle asset transfers and retirements.
  Documentation: Refer to SAP documentation or help files for detailed steps on managing assets in the Asset Accounting module.
  User Authorizations: Ensure that you have the necessary authorizations to perform asset retirements or transfers.
  
  By following these steps, you should be able to resolve the FAA_CMP066 error and successfully deactivate the company code.