How To Fix RQ318 - Asset account missing; posting not possible

RQ318 - Overview

• Message type: E = Error

• Message class: RQ - Messages for Cash Management and Forecast

• Message number: 318

• Message text: Asset account missing; posting not possible

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message RQ318 - Asset account missing; posting not possible ?

  The SAP error message RQ318, which states "Asset account missing; posting not possible," typically occurs during the posting of an asset transaction when the system cannot find the necessary asset account in the configuration. This can happen in various scenarios, such as when creating or posting asset acquisitions, transfers, or retirements.
  
  Cause:
  
  Missing Configuration: The asset account may not be defined in the asset master record or in the relevant configuration settings.
  Incorrect Account Assignment: The account assignment for the asset may not be correctly set up in the chart of accounts or may not correspond to the asset class.
  Asset Class Issues: The asset class may not have the necessary accounts assigned for the type of transaction being processed.
  Missing or Incorrect Master Data: The asset master data may be incomplete or incorrectly configured, leading to the absence of the required account.
  
  
  Solution:
  
  
  Check Asset Master Data:
  
  Go to the asset master record (transaction code AS02) and