How To Fix FVVI001 - RE Classic is not allowed to be active together with new Asset Accounting

FVVI001 - Overview

• Message type: E = Error

• Message class: FVVI - Messages for Development Class FVVI

• Message number: 001

• Message text: RE Classic is not allowed to be active together with new Asset Accounting

What causes this issue?

You have activated the <LS>FI-AA, Parallel Valuation</> (<AB>
FIN_AA_PARALLEL_VAL</>) business function and the relevant Customizing
switch for Asset Accounting (new).
Classic RE, however, must <ZH>not</> be used together with Asset
Accounting (new).

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?

Check whether you can use <LS>Flexible Real Estate Management (RE-FX)</>
instead of Classic RE.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FVVI001 - Details

• The SAP error message FVVI001 indicates that the Classic Asset Accounting (FI-AA) is not allowed to be active simultaneously with the New Asset Accounting (New AA) in the system. This error typically arises when there is an attempt to use functionalities or transactions that are incompatible due to the presence of both accounting methods.
  
  Cause:
  
  Mixed Configuration: The system is configured to use both Classic and New Asset Accounting, which is not permitted. This can happen if the migration to New Asset Accounting has not been completed properly or if the system settings have not been adjusted accordingly.
  Transaction Usage: You may be trying to execute a transaction that is only compatible with Classic Asset Accounting while New Asset Accounting is active.
  Client Settings: The client settings may still be configured to allow Classic Asset Accounting, leading to conflicts.
  
  
  Solution:
  
  
  Check Configuration: 
  
  Go to the SAP Customizing Implementation Guide (SPRO) and check the settings under Financial