How To Fix FAA_POST001 - Posting not possible; asset &1 manages correction items

SAP Error Message - Details

• Message type: E = Error

• Message class: FAA_POST - FIAA Posting Messages (Object-Oriented Kernel)

• Message number: 001

• Message text: Posting not possible; asset &1 manages correction items

What causes this issue?

Asset &V1& manages correction items in Classic Real Estate Management
(Classic RE).

System Response

Posting with integration to correction items from Classic RE is <ZH>no
longer</> supported after business function FIN_AA_PARALLEL_VAL is
activated.

How to fix this error?

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

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_POST001 - Posting not possible; asset &1 manages correction items ?

  The SAP error message FAA_POST001 indicates that a posting is not possible for a specific asset because it manages correction items. This typically occurs in the context of asset accounting (FI-AA) when you attempt to post a transaction related to an asset that has correction items pending.
  Cause:
  The error arises when:
  
  The asset in question has correction items that need to be processed before any further postings can be made.
  The system is designed to prevent postings on assets with pending corrections to maintain data integrity.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check for Correction Items:
  
  Use transaction code AW01N (Asset Explorer) to view the asset in question.
  Check if there are any correction items associated with the asset.
  
  
  
  Process Correction Items:
  
  If there are correction items, you need to process them. This can involve:
  
  Posting the corrections.
  Deleting or reversing the correction items if they are no longer needed.
  
  
  Use transaction code AB08 (Cancel Asset Document) or ABUMN (Transfer within Company Code) as necessary to handle the correction items.
  
  
  
  Re-attempt Posting:
  
  Once the correction items have been processed, try to post the transaction again.
  
  
  
  Consult Documentation:
  
  If you are unsure about how to handle correction items, refer to SAP documentation or consult with your SAP support team for guidance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  AW01N: Asset Explorer
  AB08: Cancel Asset Document
  ABUMN: Transfer within Company Code
  ABZON: Unplanned Depreciation
  ABT1N: Transfer within Company Code
  
  
  
  SAP Notes: Check for any relevant SAP Notes that might provide additional insights or updates related to this error message.
  
  
  User Authorization: Ensure that you have the necessary authorizations to process asset transactions and corrections.
  
  
  System Configuration: In some cases, the configuration of the asset accounting module may need to be reviewed to ensure it aligns with your business processes.
  
  
  By following these steps, you should be able to resolve the FAA_POST001 error and successfully post transactions related to the asset in question.