How To Fix FAA_POST060 - Asset &1 is not updated from G/L viewpoint; see long text

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 060

• Message text: Asset &1 is not updated from G/L viewpoint; see long text

What causes this issue?

You have entered an integrated acquisition on asset &V1&.
However, the asset does not manage depreciation areas that are relevant
for integration with the general ledger in <ZH>any</> accounting
principle; or <ZH>none</> of these areas is posted with a value other
than zero.

System Response

If only some accounting principles are missing, the system posts the
acquisition costs to expense. However, if all accounting principles are
missing, then all valuation-specific postings would be posted as
expense, which contradicts entering the posting as an asset posting.
Therefore, the system issues an error message.

How to fix this error?

Check your entry and correct it.

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.

INCLUDE AA_MESSAGE_CONTROL OBJECT DOKU ID TX

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FAA_POST060 - Asset &1 is not updated from G/L viewpoint; see long text ?

  The SAP error message FAA_POST060 indicates that an asset (identified by &1) is not updated from the General Ledger (G/L) viewpoint. This typically occurs during asset accounting transactions, such as posting an acquisition or a transfer, where the system expects the asset to be updated in the G/L but finds that it has not been.
  Causes:
  
  Missing G/L Account Assignment: The asset may not have a valid G/L account assigned in the asset master data.
  Incorrect Asset Status: The asset might be in a status that does not allow postings (e.g., inactive or under construction).
  Posting Period Issues: The posting period may be closed, preventing any updates to the G/L.
  
  Configuration Issues: There may be configuration issues in the asset accounting settings that prevent the asset from being updated in the G/L.
  Transaction Type Restrictions: The transaction type used for posting may not be configured to allow G/L updates for the specific asset.
  
  Solutions:
  
  Check Asset Master Data: