How To Fix GJ146 - Cannot Retire Asset Value Greater than Acquisition Value; Reenter.

SAP Error Message - Details

• Message type: E = Error

• Message class: GJ - Joint Venture Accounting

• Message number: 146

• Message text: Cannot Retire Asset Value Greater than Acquisition Value; Reenter.

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message GJ146 - Cannot Retire Asset Value Greater than Acquisition Value; Reenter. ?

  The SAP error message GJ146, "Cannot Retire Asset Value Greater than Acquisition Value; Reenter," typically occurs when you attempt to retire an asset for an amount that exceeds its acquisition value. This is a common issue in asset accounting within SAP, particularly when dealing with asset retirements or disposals.
  Cause:
  
  
  Retirement Amount Exceeds Acquisition Value: The primary cause of this error is that the retirement value you are trying to enter is greater than the asset's original acquisition value. This can happen if:
  
  You are trying to retire an asset that has not been fully depreciated.
  There is a mistake in the retirement amount entered.
  The asset has been partially retired before, and the remaining value is less than the amount you are trying to retire.
  
  
  
  Incorrect Configuration: Sometimes, the configuration settings in the asset accounting module may not align with the expected values, leading to discrepancies.
  
  
  Solution:
  
  
  Check Acquisition Value: Verify the acquisition value of the asset in question. You can do this by navigating to the asset master record (transaction code AS03) and checking the details.
  
  
  Adjust Retirement Amount: Ensure that the retirement amount you are entering is less than or equal to the remaining book value of the asset. If you need to retire the asset fully, make sure that the amount does not exceed the acquisition value.
  
  
  Review Depreciation: Check the depreciation history of the asset to ensure that it has been properly depreciated. If the asset has not been fully depreciated, you may need to adjust the retirement amount accordingly.
  
  
  Use Correct Transaction: Make sure you are using the correct transaction for asset retirement. The typical transaction for retiring an asset is ABAVN (Asset Retirement by Scrapping) or ABAN (Asset Retirement).
  
  
  Consult with Finance Team: If you are unsure about the values or the process, consult with your finance or accounting team to ensure that the retirement is being processed correctly.
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  AS03: Display Asset Master Record
  ABAVN: Asset Retirement by Scrapping
  ABAN: Asset Retirement
  AW01N: Asset Explorer
  
  
  
  Documentation: Review SAP documentation or help files related to asset accounting for more detailed guidance on asset retirement processes.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues or bugs related to asset retirement.
  
  
  By following these steps, you should be able to resolve the GJ146 error and successfully retire the asset.