Message type: E = Error
Message class: G4 - EC-CS Consolidation
Message number: 701
Message text: Asset accounting not active for company &
No Asset Accounting information found for company.
Asset Management not active in Company &1
Refer to AM System Administration Guide how to set up asset accounting
Error message extract from SAP system. Copyright SAP SE.
G4701
- Asset accounting not active for company & ?The SAP error message G4701 indicates that Asset Accounting (FI-AA) is not active for the specified company code. This typically occurs when you attempt to perform asset-related transactions or access asset accounting functionalities for a company code that has not been properly configured to use Asset Accounting.
Cause: Asset Accounting Not Activated: The company code has not been set up to use Asset Accounting in the system.
Configuration Issues: There may be missing configuration settings in the Financial Accounting (FI) module related to Asset Accounting. Company Code Settings: The company code may not have the necessary settings to enable asset accounting.
Solution: To resolve the G4701 error, you need to activate Asset Accounting for the affected company code. Here are the steps to do this: Access the Configuration Settings: Go to the SAP Easy Access screen. Navigate to SPRO (SAP Project Reference Object) > SAP Reference IMG. Activate Asset Accounting: Follow the path: Financial Accounting (New) > Financial Accounting Global Settings
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