How To Fix FAA_POST009 - LAE is not compatible with Asset Accounting (new)

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 009

• Message text: LAE is not compatible with Asset Accounting (new)

What causes this issue?

The business function <LS>FI-AA, Parallel Valuation</> (<AB>
FIN_AA_PARALLEL_VAL</>) is activated in the system. The Customizing
switch for new Asset Accounting (<AB>PARALLEL_VAL</>) is <LS>In
Preparation</> or <LS>Active</>.
However, the <LS>Lease Accounting Engine (LAE)</> is <ZH>not</>
compatible with this business function for new Asset Accounting.

System Response

It is <ZH>not</> possible to use the LAE together with new Asset
Accounting and to configure corresponding Customizing settings for the
LAE.

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_POST009 - LAE is not compatible with Asset Accounting (new) ?

  The SAP error message FAA_POST009 indicates that there is an incompatibility issue with the Local Asset Accounting (LAE) and the Asset Accounting (new) module. This error typically arises when there are discrepancies in the configuration or data that prevent the posting of asset transactions.
  Cause:
  
  Configuration Issues: The configuration settings for Local Asset Accounting may not be aligned with the new Asset Accounting settings. This can happen if the system has been upgraded or if there are inconsistencies in the settings.
  Data Incompatibility: The asset master data may not be compatible with the new Asset Accounting settings. This can include issues with asset classes, depreciation areas, or other related settings.
  Missing or Incorrect Settings: Certain required settings for the integration between LAE and the new Asset Accounting may be missing or incorrectly configured.
  
  Solution:
  
  
  Check Configuration:
  
  Review the configuration settings for both Local Asset Accounting and Asset Accounting (new) in the SAP system. Ensure that they are compatible and correctly set up.
  Use transaction codes like OAYZ (for Asset Accounting) and OAYP (for Local Asset Accounting) to check the settings.
  
  
  
  Review Asset Master Data:
  
  Check the asset master data for any inconsistencies. Ensure that the asset classes and depreciation areas are correctly defined and compatible with the new Asset Accounting.
  Use transaction code AS03 to display the asset master data and verify the settings.
  
  
  
  Update or Migrate Data:
  
  If the asset data is not compatible, consider updating or migrating the asset data to align with the new settings. This may involve creating new asset records or adjusting existing ones.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or notes related to the integration of Local Asset Accounting and Asset Accounting (new) for any specific guidelines or requirements.
  
  
  
  Check for SAP Notes:
  
  Search for relevant SAP Notes in the SAP Support Portal that may address this specific error message. There may be patches or updates that resolve known issues.
  
  
  
  Testing:
  
  After making the necessary changes, perform test postings to ensure that the issue is resolved and that transactions can be processed without errors.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), AS03 (Display Asset), and OAYZ/OAYP for configuration.
  SAP Community: Engage with the SAP Community forums for insights and solutions shared by other users who may have encountered similar issues.
  SAP Help Portal: Utilize the SAP Help Portal for detailed documentation on Asset Accounting and Local Asset Accounting.
  
  If the issue persists after following these steps, it may be beneficial to consult with an SAP expert or your organization's SAP support team for further assistance.