Asset transfer from One Business Area to another Business Area

Question

Hello,
I am going to transfer my Asset from One Business area to another business area. So, I allready created a new asset and transfer through TCODE-ABUMN. But system gives me this error
Posting with trans.type 320 not possible (No acquisition posted)
Message no. AA324
Diagnosis
Transaction type 320 belongs to a transaction type group, which can only be used to post to assets to which posting has already been performed. However, no postings have been made to this asset.
Procedure
Use a transaction type from a transaction type group, which can be used for the first acquisition to an asset.
can any one please tell me how I transfer my Asset from one business area to another Business area?

Answer 1

Hi
First make sure in your company code global setting in the OBY6 for company code wise ..Iin this screen  Indicator: Business area financial statements required if it is ticket
Please  don't change business area for old asset . because it will effect the Business area balance sheet.  So create new asset and change business area at cost center level
Finally transfer the balance from old asset to new assets in the ABUMN
            OR
IF you want solution as per your issue ..Go to SPRO-> Financial Accounting-> Asset Accounting->Transactions-> Specify Default Transaction Types
Here enter Default Transaction Types  300     Transfer of retir. old assets data from cap.asset
in the filed of Transfer Between Areas
I hope it will helps you
Thanks and Regards
sudharshana vamsi