How To Fix FAA_POST015 - New General Ledger Accounting is a prerequisite for new Asset Accounting

FAA_POST015 - Overview

• Message type: E = Error

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

• Message number: 015

• Message text: New General Ledger Accounting is a prerequisite for new Asset Accounting

What causes this issue?

New General Ledger Accounting (FI-GL) is <ZH>not</> activated in your
system.
However, this is a prerequisite for using the business function <LS>
FI-AA, Parallel Valuation</> (<AB>FIN_AA_PARALLEL_VAL</>) and,
therefore, new Asset Accounting.

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?

First implement new General Ledger Accounting if necessary.
For more information, see:
For more information about the prerequisites for using new Asset
Accounting, see Customizing for Asset Accounting under
<DS:SIMG.T093BSN_PV01_DC>Prepare New Asset Accounting</> and the
documentation for the business function <AB>FIN_AA_PARALLEL_VAL</>.
For more information about activating new General Ledger Accounting and
the prerequisites for this, see Customizing for <LS>Financial Accounting
</> under <DS:SIMG.SIMG_FAGL_ACTIVEC>Activate New General Ledger
Accounting</>.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FAA_POST015 - Details

• The SAP error message FAA_POST015 indicates that the system requires the New General Ledger Accounting (New G/L) to be activated before you can use the New Asset Accounting (New AA). This error typically arises when you attempt to post transactions in Asset Accounting without having the New G/L functionality enabled.
  
  Cause:
  
  New G/L Not Activated: The primary cause of this error is that the New General Ledger Accounting has not been activated in your SAP system. New G/L is a prerequisite for using New Asset Accounting.
  System Configuration: The system configuration may not be set up correctly to support the integration between New G/L and New AA.
  
  
  Solution:
  To resolve the FAA_POST015 error, you need to ensure that the New General Ledger Accounting is activated in your SAP system. Here are the steps to do this:
  
  
  Activate New G/L:
  
  Go to the SAP transaction code SCPR20 (Switch Framework).
  Check if the New G/L is activated for your company