How To Fix G5161 - The asset &-& is not acquired in the current year derived &

SAP Error Message - Details

• Message type: E = Error

• Message class: G5 - IS-Oil /Joint Venture/ Material transfer pricing

• Message number: 161

• Message text: The asset &-& is not acquired in the current year derived &

Please check the asset &V1&-&V2&. The fact that its acquisition date
isnot within the open year &V3& makes the acquisition difficult to be
recorded into non-operated billing.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message G5161 - The asset &-& is not acquired in the current year derived & ?

  The SAP error message G5161 indicates that there is an issue related to asset acquisition in the Asset Accounting module. Specifically, the message states that the asset in question has not been acquired in the current fiscal year, which is causing a problem during a transaction that requires the asset to be available for the current year.
  Cause:
  
  Asset Not Acquired: The asset specified in the error message has not been acquired in the current fiscal year. This could happen if the asset was acquired in a previous year and the system is trying to perform an operation that requires the asset to be active in the current year.
  Incorrect Fiscal Year Settings: The fiscal year settings in the system may not align with the asset's acquisition date.
  Transaction Type: The transaction being performed may require the asset to be acquired in the current year, which is not the case here.
  
  Solution:
  
  Check Asset Acquisition Date: Verify the acquisition date of the asset. If the asset was indeed acquired in a previous year, ensure that the transaction you are trying to perform is appropriate for that asset.
  Adjust Transaction: If the transaction requires the asset to be acquired in the current year, consider adjusting the transaction or using a different asset that meets the criteria.
  Review Fiscal Year Settings: Ensure that the fiscal year settings in the system are correctly configured and that the asset is valid for the current fiscal year.
  Asset Master Data: Check the asset master data to ensure that all relevant fields are correctly filled out and that the asset is active.
  Consult Documentation: Refer to SAP documentation or consult with your SAP support team for specific guidance related to your organization's configuration and processes.
  
  Related Information:
  
  Transaction Codes: You may want to use transaction codes like AS03 (Display Asset) to check the asset details or AS02 (Change Asset) to make any necessary adjustments.
  SAP Notes: Look for relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Authorization: Ensure that you have the necessary authorizations to perform the actions related to asset accounting.
  
  If the issue persists after checking these aspects, it may be beneficial to reach out to your SAP support team or consult with an SAP expert for further assistance.