How To Fix RE_IT201 - FI line item for line item corr.item is not assigned to asset

SAP Error Message - Details

• Message type: E = Error

• Message class: RE_IT - Real Estate Input Tax

• Message number: 201

• Message text: FI line item for line item corr.item is not assigned to asset

What causes this issue?

The FI line item found for the line item of the correction item has no
account assignment on an asset.

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

System Response

How to fix this error?

There is a data inconsistency between correction items and Asset
Accounting. The situation has to be analyzed.
If the situation has to be corrected, contact your SAP consultant or
SAP Hotline.

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 RE_IT201 - FI line item for line item corr.item is not assigned to asset ?

  The SAP error message "RE_IT201 FI line item for line item corr.item is not assigned to asset" typically occurs in the context of Real Estate Management (RE) when there is an issue with the assignment of a financial line item to an asset. This error can arise during various transactions, such as posting a financial document or processing a line item correction.
  Cause:
  
  Missing Asset Assignment: The line item you are trying to process is not correctly assigned to an asset in the system. This could happen if the asset was not created or if the assignment was not properly maintained.
  Incorrect Document Type: The document type used for the transaction may not be compatible with the asset accounting.
  Data Inconsistency: There may be inconsistencies in the data, such as missing or incorrect references to the asset in the line item.
  Configuration Issues: There may be configuration issues in the asset accounting or real estate management settings that prevent the system from recognizing the asset assignment.
  
  Solution:
  
  Check Asset Assignment: Verify that the line item is correctly assigned to an asset. You can do this by checking the asset master data and ensuring that the relevant line item is linked to the correct asset.
  Review Document Type: Ensure that the document type used for the transaction is appropriate for the asset accounting process. If necessary, consult with your SAP configuration team to confirm the correct document types.
  Correct Data Entries: If there are any discrepancies in the data, correct them. This may involve updating the line item or the asset master data to ensure they are consistent.
  Transaction Code REIT201: If you are using transaction code REIT201, ensure that all required fields are filled out correctly and that the line item corresponds to an existing asset.
  Consult SAP Notes: Check for any relevant SAP Notes that may address this specific error. SAP frequently releases updates and patches that may resolve known issues.
  Contact Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with SAP directly for further assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as REIT201 (for line item corrections) and AS01/AS02 (for asset creation and modification).
  Asset Master Data: Understand the structure and requirements of asset master data in SAP, including the necessary fields and configurations.
  SAP Documentation: Refer to SAP's official documentation and help resources for detailed guidance on asset accounting and real estate management processes.
  
  By following these steps, you should be able to identify the root cause of the error and implement the necessary solutions to resolve it.