How To Fix UCFU020 - Current period is greater than retirement period &1 of asset &2

SAP Error Message - Details

• Message type: E = Error

• Message class: UCFU - Messages for Assets/Liabilities

• Message number: 020

• Message text: Current period is greater than retirement period &1 of asset &2

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message UCFU020 - Current period is greater than retirement period &1 of asset &2 ?

  The SAP error message UCFU020 indicates that there is a discrepancy between the current period and the retirement period of an asset. Specifically, it means that the current period you are trying to process is later than the retirement period of the specified asset. This typically occurs when you are attempting to perform a transaction (like an asset retirement or transfer) that is not allowed because the asset has already been retired in the system.
  Cause:
  
  Retirement Date: The asset has been retired in a previous period, and you are trying to perform an action in a period that is after the retirement date.
  Incorrect Period: The current period you are working in is incorrectly set or is not aligned with the asset's retirement period.
  Data Entry Error: There may be a mistake in the data entry, such as entering the wrong asset number or period.
  
  Solution:
  
  Check Asset Status: Verify the status of the asset in question. You can do this by checking the asset master data to see if it has indeed been retired and in which period.
  Review Period Settings: Ensure that you are working in the correct period. If you need to perform an action on the asset, you may need to adjust your period settings or work in a period prior to the asset's retirement.
  Correct Transaction: If you are trying to perform a transaction that is not valid due to the asset's retirement, you may need to consider alternative actions or consult with your finance team to determine the appropriate next steps.
  Consult Documentation: Review SAP documentation or consult with your SAP support team for specific guidance related to asset management and retirement processes.
  
  Related Information:
  
  Asset Accounting (FI-AA): This error is related to the Asset Accounting module in SAP, which manages the lifecycle of fixed assets.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS02 (Change Asset), AS03 (Display Asset), and others that may help you navigate asset management.
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address the issue.
  
  If the problem persists after following these steps, it may be beneficial to reach out to your SAP support team or consult with an SAP expert for further assistance.