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

G5161 - Overview

• 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.

G5161 - Details

• 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: