How To Fix FAA_MD061 - Cannot migrate asset &1-&2 in company code &3 due to missing ledgers

SAP Error Message - Details

• Message type: E = Error

• Message class: FAA_MD - Fixed Asset Master

• Message number: 061

• Message text: Cannot migrate asset &1-&2 in company code &3 due to missing ledgers

What causes this issue?

Asset &V1&-&V2& in company code &V3& cannot be migrated, because asset
class &V4& is <ZH>not</> linked to any ledger, yet.
In configuration, several depreciation areas can be assigned to an asset
class. And each depreciation area must be assigned to a ledger.

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 make sure that you have depreciation areas assigned to the asset
class which are <ZH>not</> deactivated. Make also sure that the
depreciation areas are correctly linked to its ledgers.

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_MD061 - Cannot migrate asset &1-&2 in company code &3 due to missing ledgers ?

  The SAP error message FAA_MD061 indicates that there is an issue with migrating an asset in the Asset Accounting (FI-AA) module due to missing ledgers. This typically occurs during the migration process when trying to transfer asset data from one system to another or during a system upgrade.
  Cause:
  The error message "Cannot migrate asset &1-&2 in company code &3 due to missing ledgers" is triggered when the asset you are trying to migrate does not have the necessary ledgers defined in the system. This can happen for several reasons:
  
  Missing Ledgers: The asset may be linked to ledgers that are not defined in the target system or the company code.
  Configuration Issues: The configuration for the asset accounting may not be set up correctly, leading to discrepancies in ledger assignments.
  Data Inconsistencies: There may be inconsistencies in the asset master data that prevent successful migration.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Ledger Configuration:
  
  Go to the configuration settings in SAP and verify that the necessary ledgers are defined for the company code in question.
  Ensure that the ledgers required for the asset are active and properly configured.
  
  
  
  Review Asset Master Data:
  
  Check the asset master data for the asset in question (using transaction code AS03).
  Ensure that the asset is assigned to the correct ledgers and that there are no missing entries.
  
  
  
  Adjust Migration Settings:
  
  If you are using a migration tool or program, review the settings to ensure that it is configured to include the necessary ledgers.
  Make sure that the migration process is set up to handle the specific requirements of your company code and asset types.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or notes related to asset migration for any specific requirements or additional steps that may be necessary.
  
  
  
  Testing:
  
  After making the necessary adjustments, perform a test migration to see if the issue is resolved.
  
  
  
  Seek Support:
  
  If the issue persists, consider reaching out to SAP support or consulting with an SAP expert who can provide further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), AS03 (Display Asset), and OADB (Define Ledgers).
  SAP Notes: Check for any SAP Notes that may address this specific error or provide additional guidance on asset migration.
  Documentation: Review the SAP Help Portal for detailed information on Asset Accounting and migration processes.
  
  By following these steps, you should be able to identify the root cause of the FAA_MD061 error and implement a solution to successfully migrate the asset.