How To Fix GK845 - Item & requires the assignment of year/period of acquisition

SAP Error Message - Details

• Message type: E = Error

• Message class: GK - Messages for SAP Consolidation

• Message number: 845

• Message text: Item & requires the assignment of year/period of acquisition

What causes this issue?

The <GL:financial_statement_item>FS item</> which you want to post to
requires the assignment of a year or period of acquisition.

System Response

Error message

How to fix this error?

Enter a year or period of acquisition as a subassignment.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GK845 - Item & requires the assignment of year/period of acquisition ?

  The SAP error message GK845, which states "Item & requires the assignment of year/period of acquisition," typically occurs in the context of asset accounting. This error indicates that a specific asset item does not have the necessary information regarding the year and period of acquisition assigned to it. This information is crucial for the proper accounting and reporting of fixed assets.
  Cause:
  
  Missing Acquisition Data: The asset item in question does not have the year and period of acquisition specified in its master data.
  Incorrect Configuration: There may be issues with the configuration settings in the asset accounting module that prevent the assignment of acquisition periods.
  Data Migration Issues: If data was migrated from another system, it’s possible that the acquisition year/period data was not transferred correctly.
  
  Solution:
  
  
  Check Asset Master Data:
  
  Go to the asset master record (transaction code AS02).
  Verify that the acquisition year and period are correctly filled in the relevant fields.
  If they are missing, enter the correct year and period of acquisition.
  
  
  
  Review Configuration:
  
  Ensure that the configuration settings for asset accounting are correctly set up. This includes checking the settings for asset classes and acquisition types.
  You can access the configuration through transaction code SPRO and navigate to the relevant sections for asset accounting.
  
  
  
  Data Migration Review:
  
  If the error occurred after a data migration, review the migration process to ensure that all necessary fields were populated correctly.
  You may need to run a data validation or reconciliation process to identify any missing information.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help files for additional guidance on asset accounting and the specific requirements for acquisition data.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  AS02: Change Asset Master Record
  AS03: Display Asset Master Record
  AS01: Create Asset Master Record
  
  
  Asset Accounting Configuration: Familiarize yourself with the configuration settings in the SAP system related to asset accounting, particularly those that pertain to acquisition and depreciation.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  
  By following these steps, you should be able to resolve the GK845 error and ensure that the asset item has the necessary acquisition data assigned.