How To Fix RECEAA033 - Renewal options exist for asset &1

RECEAA033 - Overview

• Message type: E = Error

• Message class: RECEAA - Messages Valuation Asset Integration

• Message number: 033

• Message text: Renewal options exist for asset &1

What causes this issue?

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?

Procedure for System Administrators

INCLUDE RECA_CUSTOMIZED_MESSAGE_INFO OBJECT DOKU ID TX

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RECEAA033 - Renewal options exist for asset &1 ?

  The SAP error message RECEAA033 indicates that there are renewal options available for a specific asset (denoted by &1). This message typically arises in the context of asset management, particularly when dealing with asset retirement or disposal processes.
  
  Cause:
  The error occurs when you attempt to perform an action (like retiring or disposing of an asset) on an asset that has renewal options available. This means that the asset is not yet eligible for retirement or disposal because there are still options to renew the asset's life or extend its usage.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Review Asset Details: Check the asset's details in the Asset Accounting module to understand the renewal options that are available. You can do this by navigating to the asset master record.
  
  
  Evaluate Renewal Options: Determine if you want to exercise the renewal options. If you decide to renew the asset, you can proceed with