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Message type: E = Error
Message class: GJ - Joint Venture Accounting
Message number: 148
Message text: Asset Retirements Must Be for Negative Amounts.
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GJ148
- Asset Retirements Must Be for Negative Amounts. ?The SAP error message GJ148, which states "Asset Retirements Must Be for Negative Amounts," typically occurs when you are trying to process an asset retirement transaction in SAP, but the amount specified for the retirement is not negative. In asset accounting, a retirement transaction is meant to remove the asset from the books, and it should reflect a negative value to indicate a reduction in the asset's value.
Cause:
- Incorrect Amount: The amount entered for the asset retirement is positive instead of negative.
- Transaction Type: The transaction type used for the retirement may not be configured correctly to handle retirements.
- Configuration Issues: There may be issues with the configuration of the asset accounting module in SAP.
Solution:
- Check the Amount: Ensure that the amount you are entering for the asset retirement is negative. This is the most common cause of the error.
- Review Transaction Type: Verify that you are using the correct transaction type for asset retirement. The transaction type should be set up to allow for negative amounts.
- Configuration Review: If the issue persists, check the configuration settings in the Asset Accounting module. Ensure that the settings for asset retirements are correctly defined.
- Consult Documentation: Refer to SAP documentation or your organization's SAP support team for specific guidelines on processing asset retirements.
- Testing: If you have made changes to the configuration or transaction type, perform a test transaction to ensure that the error is resolved.
Related Information:
If you continue to experience issues after following these steps, it may be beneficial to reach out to your SAP support team or consult with an SAP expert for further assistance.
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