How To Fix G5501 - Fixed Acc. Ass. & in Chart of Acc. & not maintained &

G5501 - Overview

• Message type: E = Error

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

• Message number: 501

• Message text: Fixed Acc. Ass. & in Chart of Acc. & not maintained &

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message G5501 - Fixed Acc. Ass. & in Chart of Acc. & not maintained & ?

  The SAP error message G5501 typically indicates that there is an issue with the configuration of fixed asset accounts in the chart of accounts. Specifically, it suggests that the fixed asset account is not maintained or defined in the chart of accounts for the relevant company code.
  
  Cause:
  
  Missing Configuration: The fixed asset account has not been defined in the chart of accounts for the company code you are working with.
  Incorrect Account Assignment: The account assignment for fixed assets may not be correctly set up in the asset master record.
  Chart of Accounts Issues: The chart of accounts itself may not be properly configured to include the necessary fixed asset accounts.
  
  
  Solution:
  To resolve the G5501 error, you can follow these steps:
  
  
  Check Asset Master Record:
  
  Go to the asset master record (transaction code AS02 or AS03).
  Verify that the fixed asset account is correctly assigned in the "Account Determination" section.
  
  
  
  Maintain Fixed Asset Accounts:
  
  Navigate to the configuration settings