How To Fix FCOM_FIN_FI001 - Asset &1 has been locked against acquisitions

SAP Error Message - Details

• Message type: E = Error

• Message class: FCOM_FIN_FI -

• Message number: 001

• Message text: Asset &1 has been locked against acquisitions

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FCOM_FIN_FI001 - Asset &1 has been locked against acquisitions ?

  The SAP error message FCOM_FIN_FI001 indicates that an asset is locked against acquisitions. This typically occurs when there are restrictions on the asset that prevent further transactions, such as acquisitions or transfers. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  
  Asset Locking: The asset may be locked due to various reasons, such as:
  
  The asset is in a closed fiscal year.
  The asset is under a specific status that prevents acquisitions (e.g., "In Transfer", "Inactive").
  There are pending transactions or processes that need to be completed before further acquisitions can be made.
  The asset is part of a project that is currently locked.
  
  
  
  Configuration Settings: Certain configuration settings in the Asset Accounting module may restrict acquisitions for specific assets.
  
  
  User Authorizations: The user may not have the necessary authorizations to perform acquisitions on the asset.
  
  
  Solution:
  
  
  Check Asset Status: 
  
  Go to the Asset Master Record (Transaction Code: AS03) and check the status of the asset. Ensure that it is not locked or inactive.
  If the asset is in a closed fiscal year, you may need to unlock it or create a new asset for the current fiscal year.
  
  
  
  Review Pending Transactions: 
  
  Check if there are any pending transactions related to the asset that need to be completed or reversed.
  
  
  
  Unlock the Asset: 
  
  If the asset is locked due to a specific reason, you may need to unlock it. This can typically be done by a user with the appropriate authorizations.
  
  
  
  Consult Configuration: 
  
  Review the configuration settings in the Asset Accounting module to ensure that there are no restrictions placed on the asset type or class that would prevent acquisitions.
  
  
  
  User Authorizations: 
  
  Ensure that the user attempting the acquisition has the necessary authorizations to perform the transaction on the asset.
  
  
  
  Contact Support: 
  
  If the issue persists, consider reaching out to your SAP support team or consulting the SAP Help Portal for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  AS01: Create Asset
  AS02: Change Asset
  AS03: Display Asset
  AS92: Reversal of Asset Transaction
  
  
  Documentation: Review SAP documentation related to Asset Accounting for more detailed information on asset management and common issues.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to asset locking and acquisitions.
  
  By following these steps, you should be able to identify the cause of the error and take appropriate action to resolve it.