How To Fix FO241 - FM acct assgmt entitled to cover and FMAA subject to cover are identical

SAP Error Message - Details

• Message type: E = Error

• Message class: FO - Cross-ISPS Functions

• Message number: 241

• Message text: FM acct assgmt entitled to cover and FMAA subject to cover are identical

What causes this issue?

You have tried to assign an FM account assignment entitled to cover to
itself as subject to cover. However, this is not possible.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Assign a different FM account assignment as subject to cover to one
which is itself entitled to cover.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FO241 - FM acct assgmt entitled to cover and FMAA subject to cover are identical ?

  The SAP error message FO241 indicates that there is an issue with the account assignment for a fixed asset in the context of financial accounting. Specifically, it suggests that the account assignment entitled to cover (the account that is supposed to cover the asset) and the FMAA (Fixed Asset Accounting) subject to cover are identical, which is not allowed in the system.
  Cause:
  The error typically arises when:
  
  The same account is being used for both the asset's coverage and the asset itself, which violates the rules set in the configuration of the asset accounting module.
  There may be a configuration issue in the asset accounting settings, where the system is not differentiating between the two account assignments correctly.
  The asset master data may have been incorrectly set up, leading to this conflict.
  
  Solution:
  To resolve the FO241 error, you can take the following steps:
  
  
  Check Asset Master Data:
  
  Go to the asset master record (transaction code AS02) and review the account assignment details.
  Ensure that the account assigned to the asset is different from the account that is supposed to cover it.
  
  
  
  Review Configuration Settings:
  
  Check the configuration settings in the Asset Accounting module (transaction code SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Integration with Financial Accounting > Define Account Determination.
  Ensure that the account determination settings do not allow the same account for both coverage and asset assignment.
  
  
  
  Adjust the Account Assignment:
  
  If you find that the same account is being used, change the account assignment in the asset master record or the relevant configuration to ensure they are different.
  
  
  
  Test the Changes:
  
  After making the necessary adjustments, try to execute the transaction again that triggered the error to see if it has been resolved.
  
  
  
  Consult Documentation or Support:
  
  If the issue persists, consult SAP documentation or reach out to your SAP support team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: AS02 (Change Asset Master Record), SPRO (SAP Project Reference Object for configuration).
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional guidance.
  User Roles: Ensure that you have the necessary permissions to make changes to asset master data and configuration settings.
  
  By following these steps, you should be able to resolve the FO241 error and ensure that your asset accounting processes function correctly.