How To Fix GJ148 - Asset Retirements Must Be for Negative Amounts.

GJ148 - Overview

• Message type: E = Error

• Message class: GJ - Joint Venture Accounting

• Message number: 148

• Message text: Asset Retirements Must Be for Negative Amounts.

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 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.