How To Fix FMFG_AA001 - Transaction is neither transfer in nor transfer out

SAP Error Message - Details

• Message type: E = Error

• Message class: FMFG_AA - Additional asset account derivation

• Message number: 001

• Message text: Transaction is neither transfer in nor transfer out

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FMFG_AA001 - Transaction is neither transfer in nor transfer out ?

  The SAP error message FMFG_AA001 indicates that a transaction is neither classified as a transfer in nor a transfer out in the context of Asset Accounting (FI-AA) within the SAP system. This error typically arises when trying to post a transaction related to fixed assets, and the system cannot determine the nature of the transaction.
  Causes:
  
  Incorrect Transaction Type: The transaction type being used may not be correctly defined in the system for asset transfers.
  Configuration Issues: The configuration settings for asset accounting may not be set up correctly, leading to the system not recognizing the transaction as a valid transfer.
  Missing or Incorrect Master Data: The asset master data may be incomplete or incorrectly set up, which can lead to issues when trying to post transactions.
  Posting Period Issues: The posting period may be closed or not open for the transaction type being used.
  
  Solutions:
  
  Check Transaction Type: Verify that the transaction type you are using is appropriate for the action you are trying to perform (transfer in or transfer out). Ensure that it is correctly configured in the system.
  Review Configuration: Go to the configuration settings for Asset Accounting (Transaction code: SPRO) and check the settings for asset transfers. Ensure that the necessary configurations for transfer in and transfer out transactions are correctly set up.
  Validate Asset Master Data: Check the asset master data for the asset involved in the transaction. Ensure that all required fields are filled out correctly and that the asset is in a valid status for the transaction.
  Check Posting Period: Ensure that the posting period is open for the transaction you are trying to post. You can check this in the transaction code OB52.
  Consult Documentation: Refer to SAP documentation or help resources for specific details on the transaction types and their configurations.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  AS01: Create Asset
  AS02: Change Asset
  AS03: Display Asset
  ABT1N: Transfer within Company Code
  ABT2N: Transfer between Company Codes
  
  
  SAP Notes: Check for any SAP Notes related to this error message for additional guidance or patches that may resolve the issue.
  User Authorization: Ensure that the user has the necessary authorizations to perform asset transactions.
  
  If the issue persists after checking the above points, it may be beneficial to consult with your SAP support team or a functional consultant specializing in Asset Accounting for further assistance.