How To Fix FAA_MD006 - Ledger &1 is not assigned in the asset class or main asset

SAP Error Message - Details

• Message type: E = Error

• Message class: FAA_MD - Fixed Asset Master

• Message number: 006

• Message text: Ledger &1 is not assigned in the asset class or main asset

What causes this issue?

Ledger &V1& is <ZH>not</> assigned in the asset class or main asset.
This error can occur in the following situations:
You are creating a main asset with default data inherited from the asset
class. And you are adding ledger &V1& to the main asset.
However, ledger &V1& is <ZH>not</> linked to the asset class. This is
<ZH>not</> allowed.
You are adding ledger &V1& to a new sub asset.
However, ledger &V1& is <ZH>not</> assigned to the main asset. This is
<ZH>not</> allowed.

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?

Please choose a ledger that is assigned to the asset class or to the
main asset.

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 FAA_MD006 - Ledger &1 is not assigned in the asset class or main asset ?

  The SAP error message FAA_MD006 indicates that a specific ledger is not assigned to the asset class or main asset in the Asset Accounting (FI-AA) module. This error typically arises when you are trying to perform an operation related to asset management, such as posting an acquisition or transfer, and the system cannot find the necessary configuration for the ledger in question.
  Cause:
  
  Missing Ledger Assignment: The ledger you are trying to use is not assigned to the asset class or the main asset.
  Configuration Issues: There may be a misconfiguration in the asset accounting settings, particularly in the asset class settings.
  Incorrect Asset Class: The asset class you are using may not be set up to use the specified ledger.
  Data Inconsistencies: There may be inconsistencies in the master data of the asset or the configuration settings.
  
  Solution:
  To resolve the FAA_MD006 error, follow these steps:
  
  
  Check Ledger Assignment:
  
  Go to the transaction code OAYZ (or navigate through the menu: SPRO > Financial Accounting > Asset Accounting > Integration with General Ledger > Assign Ledgers to Asset Classes).
  Verify that the ledger in question is assigned to the relevant asset class.
  
  
  
  Review Asset Class Configuration:
  
  Ensure that the asset class is correctly configured to use the ledger. Check the settings for the asset class in transaction code OAOA.
  Make sure that the ledger is included in the configuration for the asset class.
  
  
  
  Check Main Asset Settings:
  
  If you are dealing with a main asset, ensure that the main asset is also configured to use the correct ledger.
  
  
  
  Review Asset Master Data:
  
  Use transaction code AS03 to display the asset master data and check if the asset is linked to the correct asset class and ledger.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration, refer to SAP documentation or consult with your SAP FI-AA consultant for guidance.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OAYZ: Assign Ledgers to Asset Classes
  OAOA: Define Asset Classes
  AS03: Display Asset Master Data
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  User Roles: Ensure that you have the necessary authorizations to make changes to asset accounting configurations.
  
  By following these steps, you should be able to identify and resolve the issue causing the FAA_MD006 error in SAP.