How To Fix RE_IT000 - Retirement not possible; correction item &1 not planned

RE_IT000 - Overview

• Message type: E = Error

• Message class: RE_IT - Real Estate Input Tax

• Message number: 000

• Message text: Retirement not possible; correction item &1 not planned

What causes this issue?

You can only implement asset retirements for assets with correction
items if:
The retirement has already been planned with transaction FO1G
Input tax treatment has been carried out for the retirement on the date
of the planned retirement
The cause of the error message may also be that the asset retirement
planning was done on a different date. You can display the planned
retirements with transaction REITXR.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RE_IT000 - Retirement not possible; correction item &1 not planned ?

  The SAP error message "RE_IT000 Retirement not possible; correction item &1 not planned" typically occurs in the context of Real Estate Management (RE) when trying to retire a real estate object or a related item. This error indicates that the system cannot process the retirement because a correction item (identified by &1) has not been planned or is not available.
  
  Cause:
  
  Missing Correction Item: The specific correction item referenced in the error message has not been created or planned in the system.
  Incorrect Configuration: There may be configuration issues in the Real Estate Management module that prevent the retirement process from being completed.
  Data Inconsistencies: There could be inconsistencies in the data related to the real estate object, such as missing or incorrect entries in the master data.
  Authorization Issues: The user may not have the necessary authorizations to perform the retirement operation.
  
  
  Solution:
  
  Check Correction Item: Verify if the correction item mentioned in the error message