How To Fix UCFU007 - Retired asset is specified

SAP Error Message - Details

• Message type: E = Error

• Message class: UCFU - Messages for Assets/Liabilities

• Message number: 007

• Message text: Retired asset is specified

What causes this issue?

A retired asset may not be specified for transfer type "self-constructed
asset". However, this has been done.

System Response

The data record cannot be processed.

How to fix this error?

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

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 UCFU007 - Retired asset is specified ?

  The SAP error message UCFU007, which states "Retired asset is specified," typically occurs when you attempt to perform an operation on an asset that has already been retired in the system. This can happen in various scenarios, such as when trying to post a transaction related to the asset or when attempting to change asset master data.
  Cause:
  The primary cause of this error is that the asset in question has been marked as retired in the Asset Accounting module. When an asset is retired, it is no longer considered active, and any transactions or changes related to it are restricted to prevent inconsistencies in financial reporting.
  Solution:
  To resolve the UCFU007 error, you can consider the following steps:
  
  
  Verify Asset Status: Check the status of the asset in the Asset Master Record (transaction code AS03). Ensure that the asset is indeed marked as retired.
  
  
  Review Transactions: If you are trying to post a transaction (like a depreciation run or a transfer), ensure that the transaction is appropriate for retired assets. You may need to adjust your process to exclude retired assets.
  
  
  Reopen Asset (if applicable): If you need to make changes to the asset, you may need to reverse the retirement process. This typically involves creating a new asset or adjusting the retirement entry, depending on your organization's policies and the specific circumstances.
  
  
  Consult Documentation: Review your organization's asset management policies and SAP documentation to understand the implications of retiring an asset and the correct procedures for handling such cases.
  
  
  Contact Support: If you are unsure how to proceed or if the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert who can provide guidance based on your specific configuration and business processes.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), AS03 (Display Asset), and AS11 (Retirement of Asset).
  Asset Accounting Configuration: Understanding the configuration settings in Asset Accounting can help you manage asset lifecycles more effectively.
  Documentation: Refer to SAP Help Portal or your organization's internal documentation for detailed procedures related to asset retirement and management.
  
  By following these steps, you should be able to address the UCFU007 error and ensure proper handling of retired assets in your SAP system.