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

SAP Error Message - Details

• 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 exists in the system. If it does not exist, you may need to create it or plan it accordingly.
  Review Configuration: Ensure that the configuration settings for the Real Estate Management module are correctly set up. This may involve checking the settings for retirement processes and correction items.
  Data Validation: Check the master data for the real estate object to ensure that all required fields are filled out correctly and that there are no inconsistencies.
  User Authorizations: Confirm that the user attempting to perform the retirement has the necessary authorizations to execute this action.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling retirement processes in Real Estate Management.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP RE, such as RECN (Real Estate Contract Management) or REIS (Real Estate Information System).
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that address the issue.
  Support: If the issue persists, consider reaching out to your SAP support team or consulting with SAP experts who can provide more tailored assistance based on your specific system configuration and setup.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution to resolve it.