How To Fix FAA_MD101 - It is not possible to deactivate in ledger &1, fiscal year &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FAA_MD - Fixed Asset Master

• Message number: 101

• Message text: It is not possible to deactivate in ledger &1, fiscal year &2

What causes this issue?

The fiscal year change has not yet taken place for the new fiscal year
&V2&.

System Response

The system cannot carry out the deactivation on the date that was
entered.

How to fix this error?

Carry out a fiscal year change for the new fiscal year &V2&, or
deactivate the asset in fiscal year &V3&.

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_MD101 - It is not possible to deactivate in ledger &1, fiscal year &2 ?

  The SAP error message FAA_MD101 indicates that there is an issue with deactivating an asset in a specific ledger and fiscal year. This error typically arises in the context of Asset Accounting (FI-AA) when trying to deactivate an asset that is still active in the specified ledger and fiscal year.
  Cause:
  
  Active Transactions: The asset may have active transactions (e.g., acquisitions, retirements, transfers) in the specified fiscal year that prevent deactivation.
  Depreciation Posting: If depreciation has been posted for the asset in the specified fiscal year, it cannot be deactivated.
  Configuration Issues: There may be configuration settings in the asset accounting module that restrict deactivation under certain conditions.
  Ledger Settings: The ledger settings may not allow for deactivation of assets in the specified fiscal year.
  
  Solution:
  
  Check Transactions: Review the asset's transaction history to ensure there are no active transactions in the specified fiscal year. If there are, you may need to reverse or complete those transactions before deactivating the asset.
  Depreciation Check: Verify if depreciation has been posted for the asset in the fiscal year. If so, you may need to reverse the depreciation postings before attempting to deactivate the asset.
  Review Configuration: Check the configuration settings in the Asset Accounting module to ensure that the deactivation process is allowed for the specified ledger and fiscal year.
  Consult Documentation: Refer to SAP documentation or consult with your SAP support team for specific guidelines on deactivating assets in your system.
  Use Transaction Codes: Utilize relevant transaction codes (e.g., AS02 for changing asset master data) to check the asset status and make necessary adjustments.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with transaction codes related to Asset Accounting, such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset).
  SAP Notes: Check for any SAP Notes related to the FAA_MD101 error for additional insights or patches that may address the issue.
  User Authorization: Ensure that you have the necessary authorizations to perform asset deactivation in the system.
  Consulting SAP Help: Utilize the SAP Help Portal for detailed information on Asset Accounting processes and error messages.
  
  If the issue persists after following these steps, it may be beneficial to engage with your SAP support team or a consultant who specializes in Asset Accounting for further assistance.