How To Fix FAA_POST061 - 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: 061

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

What causes this issue?

You have entered an integrated retirement for asset &V1&.
However, the asset <ZH>does not</> manage depreciation areas that are
relevant for integration with the general ledger in any accounting
principle; or revenue is <ZH>not</> updated in any of these depreciation
areas.

System Response

If only some accounting principles are missing, the system posts the
revenue on the revenue account you enter manually.
However, if all accounting principles are missing, then all
valuation-specific postings would be posted as pure G/L account postings
(revenue postings), 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_POST061 - Asset &1 is not updated from G/L viewpoint; see long text ?

  The SAP error message FAA_POST061 indicates that an asset (identified by &1) is not updated from the General Ledger (G/L) viewpoint. This typically occurs in the context of asset accounting when there is an inconsistency or issue with the asset's configuration or the posting process.
  Causes:
  
  Asset Not Fully Configured: The asset may not be fully configured in the system, meaning that certain required fields or settings are missing.
  Incorrect Asset Class: The asset class assigned to the asset may not be set up correctly for G/L postings.
  Posting Period Issues: The posting period may be closed or not open for the transaction you are trying to perform.
  Missing G/L Accounts: The G/L accounts associated with the asset may not be defined or may be incorrect.
  Authorization Issues: The user may not have the necessary authorizations to post to the asset.
  Integration Issues: There may be issues with the integration between Asset Accounting (FI-AA) and the General Ledger (FI-GL).
  
  Solutions:
  
  Check Asset Configuration: Verify that the asset is fully configured. Ensure that all required fields are filled out and that the asset class is set up correctly.
  Review Asset Class Settings: Check the settings for the asset class in transaction OAOA to ensure that it allows for G/L postings.
  Verify Posting Period: Ensure that the posting period is open for the transaction you are trying to execute. You can check this in transaction OB52.
  Check G/L Account Assignment: Review the G/L account assignments for the asset in the asset master record (transaction AS02) to ensure they are correct.
  Authorization Check: Ensure that the user has the necessary authorizations to perform the posting. This can be checked with the security team or by reviewing the user's roles.
  Consult Long Text: The error message may have a long text that provides additional details. You can view this by clicking on the message or using transaction SE91 to look up the message number FAA_POST061.
  
  Related Information:
  
  Transaction Codes:
  
  AS02: Change Asset Master Record
  OAOA: Define Asset Classes
  OB52: Open and Close Posting Periods
  
  
  Documentation: Refer to SAP Help documentation for Asset Accounting for detailed configuration and troubleshooting steps.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  
  If the issue persists after checking the above points, it may be necessary to involve your SAP support team or consult with SAP support for further assistance.