How To Fix REEXAA024 - Asset &1 is assigned lease &2. Posting not possible.

SAP Error Message - Details

• Message type: E = Error

• Message class: REEXAA - External Messages: Asset Accounting

• Message number: 024

• Message text: Asset &1 is assigned lease &2. Posting not possible.

What causes this issue?

You are posting a document with sender type &V3& to the asset &v1&,
which is assigned to the lease &V2& as a right of use (RoU).
In general, postings to such assets should only be made in the leasing
management environment or during a depreciation run.

System Response

The document cannot be posted.

How to fix this error?

Check your entries.

Procedure for System Administrators

INCLUDE RECA_CUSTOMIZED_MESSAGE_INFO OBJECT DOKU ID TX

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message REEXAA024 - Asset &1 is assigned lease &2. Posting not possible. ?

  The SAP error message REEXAA024 indicates that an asset is assigned to a lease, and as a result, posting is not possible. This typically occurs in the context of Asset Accounting (FI-AA) when trying to perform a transaction that involves the asset, such as posting a depreciation or a transfer, while it is still linked to a lease agreement.
  Cause:
  
  Asset-Lease Assignment: The asset in question is currently assigned to a lease contract. This means that the asset is being treated as a leased asset, and certain restrictions apply to it.
  Posting Restrictions: When an asset is linked to a lease, certain financial postings (like depreciation, transfers, or retirements) may be restricted until the lease is properly managed or terminated.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Lease Assignment:
  
  Navigate to the asset master data and check the lease assignment. You can do this using transaction code AS03 (Display Asset).
  Verify if the asset is indeed assigned to a lease and review the details of the lease.
  
  
  
  Unassign the Lease:
  
  If the lease is no longer valid or if you need to perform a posting, you may need to unassign the lease from the asset. This can typically be done using transaction code RECN (Contract Management) or through the asset master data.
  Ensure that you follow the proper procedures for unassigning the lease, as this may have financial implications.
  
  
  
  Post Lease Termination:
  
  If the lease has ended, ensure that you have processed the lease termination correctly in the system. This may involve posting a lease termination transaction.
  
  
  
  Consult Documentation:
  
  Review the SAP documentation or your organization's internal guidelines regarding asset management and lease accounting to ensure compliance with accounting standards.
  
  
  
  Contact Support:
  
  If you are unsure about how to proceed or if the issue persists, consider reaching out to your SAP support team or consulting with an SAP FI-AA expert.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  AS03: Display Asset
  RECN: Contract Management
  AS02: Change Asset
  REEX: Lease Accounting
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  
  
  Documentation: Review the SAP Help Portal for detailed information on Asset Accounting and Lease Management.
  
  
  By following these steps, you should be able to resolve the REEXAA024 error and proceed with your asset postings.