How To Fix FMFG309 - Leased items must also be flagged accountable property items

SAP Error Message - Details

• Message type: E = Error

• Message class: FMFG - U.S. Federal Government Message Class

• Message number: 309

• Message text: Leased items must also be flagged accountable property items

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FMFG309 - Leased items must also be flagged accountable property items ?

  The SAP error message FMFG309 indicates that there is an issue with the configuration of leased items in the system. Specifically, it states that leased items must also be flagged as accountable property items. This is relevant in the context of asset management and financial accounting within SAP, particularly when dealing with fixed assets and leasing arrangements.
  Cause:
  The error typically arises when:
  
  Leased Item Configuration: The item being classified as a leased asset is not marked as an accountable property item in the system. In SAP, accountable property items are those that need to be tracked for financial reporting and asset management purposes.
  Master Data Settings: The master data for the asset may not have the correct settings or flags that indicate it is a leased item and also an accountable property.
  Transaction Settings: The transaction being executed may not have the necessary configurations to handle leased items correctly.
  
  Solution:
  To resolve the FMFG309 error, you can take the following steps:
  
  
  Check Asset Master Data:
  
  Go to the Asset Master Data (transaction code AS02) and check the settings for the asset in question.
  Ensure that the asset is flagged as a leased item and also as an accountable property item. This can usually be done in the "General Data" or "Asset Class" sections.
  
  
  
  Modify Asset Class Settings:
  
  Review the asset class settings (transaction code OAOA) to ensure that the asset class for the leased item is configured to allow for accountable property items.
  Make sure that the relevant settings for leased assets are correctly defined.
  
  
  
  Review Configuration:
  
  If you have access to the configuration settings, check the configuration for asset accounting (transaction code SPRO) to ensure that the settings for leased assets and accountable property items are correctly defined.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on how to configure leased items and accountable property items.
  
  
  
  Seek Help from SAP Support:
  
  If the issue persists after checking the above settings, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  
  Related Information:
  
  Asset Accounting (FI-AA): This module in SAP deals with the management of fixed assets, including leased assets.
  Leasing and Asset Management: Understanding the principles of leasing and how they are managed in SAP can help in troubleshooting similar issues.
  SAP Notes and Knowledge Base Articles: Check for any relevant SAP Notes that might address this specific error or provide additional context.
  
  By following these steps, you should be able to resolve the FMFG309 error and ensure that your leased items are correctly flagged as accountable property items in SAP.