How To Fix ISSR406 - Company code &1: No asset exists for object &2 in FI-AA

SAP Error Message - Details

• Message type: E = Error

• Message class: ISSR - Message Class for Statutory Reporting

• Message number: 406

• Message text: Company code &1: No asset exists for object &2 in FI-AA

What causes this issue?

In the selected company code &V1&, no asset from the Asset Accounting
(FI-AA) area exists for object &V2&.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Assign one or more assets to object &V2& in Asset Accounting.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message ISSR406 - Company code &1: No asset exists for object &2 in FI-AA ?

  The SAP error message ISSR406 indicates that there is no asset associated with the specified object in the Asset Accounting (FI-AA) module for the given company code. This error typically arises when trying to perform operations related to asset management, such as posting transactions or generating reports, and the system cannot find the asset record for the specified object.
  
  Cause:
  
  Missing Asset Record: The most common cause is that the asset has not been created or has been deleted in the system.
  Incorrect Object Reference: The object reference (such as an asset number or cost center) provided in the transaction may be incorrect or does not correspond to an existing asset.
  Company Code Mismatch: The asset may exist, but it is not assigned to the specified company code.
  Data Migration Issues: If data was migrated from another system, there may have been issues during the migration process that resulted in missing or incomplete asset records.
  
  
  Solution:
  
  Verify