How To Fix FMFG318 - Asset class could not be determined for material group of PO &1 &2

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 318

• Message text: Asset class could not be determined for material group of PO &1 &2

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FMFG318 - Asset class could not be determined for material group of PO &1 &2 ?

  The SAP error message FMFG318 indicates that the system is unable to determine the asset class for a material group associated with a Purchase Order (PO). This typically occurs in the context of financial accounting and asset management when the system is trying to post an asset acquisition or related transaction.
  Cause:
  
  Missing Configuration: The asset class may not be properly configured in the system for the specific material group.
  Material Group Not Assigned: The material group associated with the PO may not have an asset class assigned in the configuration settings.
  Incorrect Master Data: The material master data may be incomplete or incorrectly set up, leading to the inability to determine the asset class.
  Missing Integration: There may be a lack of integration between the materials management (MM) and asset accounting (FI-AA) modules.
  
  Solution:
  
  
  Check Asset Class Configuration:
  
  Go to the configuration settings in SAP (Transaction Code: OAOA) and ensure that the asset class is defined for the relevant material group.
  Ensure that the asset class is linked to the appropriate account determination settings.
  
  
  
  Assign Asset Class to Material Group:
  
  Navigate to the material group settings (Transaction Code: OMS2) and check if the asset class is assigned to the material group used in the PO.
  If not, assign the correct asset class to the material group.
  
  
  
  Review Material Master Data:
  
  Check the material master record (Transaction Code: MM03) for the material in question and ensure that all relevant fields, including the asset class, are filled out correctly.
  If necessary, update the material master data to include the correct asset class.
  
  
  
  Integration Check:
  
  Ensure that the integration between the MM and FI-AA modules is correctly set up. This may involve checking the configuration settings for account determination and asset acquisition.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for any specific notes or updates related to this error message.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OAOA (Asset Class Configuration), OMS2 (Material Group Configuration), and MM03 (Material Master Display).
  SAP Notes: Check for any SAP Notes that may address this specific error or provide additional guidance.
  Testing: After making changes, perform testing by creating a new PO or processing an existing one to ensure that the error does not recur.
  
  By following these steps, you should be able to resolve the FMFG318 error and ensure that the asset class can be determined correctly for the material group associated with the Purchase Order.