Error in asset management config area

Hi
I got error in asset management configuration area error is ASSERTION_FAILED. How to rectify this error,  if any one knows please post the solution.

Can you give what you are doing in config and the long error text with error number

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    Hi Folks
    My client currently is on 4.6C R/3 platform. The asset management configuration for Depreciation Areas is such that the area 01 has been assigned to Local GAAP postings and has Real Time Posting flag set to yes. Area 20 has been assigned to IAS, but without Real Time Posting flag.
    Going for New GL, the question is does SAP allow Leading Ledger (0L) to have a depreciation area (20 in our case) which is not configured for real time postings while allowing Non Leading Ledger (say X1) to have a depreciation area (01 in our case) which is configured for real time postings.
    If SAP allows this, it is OK, we just migrate as it is.
    If not, we need to swap configurations between the two depreciation areas and do a de-facto re implementation of AA module as a precursor to New GL migration.
    Also, keeping this issue in mind, would it be better/ advisible to go in for New GL migration sometime middle of a year?
    Any thoughts/ experiences/ advice on this situation?
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    Mandar

    You can use derived depreciation area concept and can post to different ledgers.
    One limitation is that the formula which you give is always 60=01-20 and not 20-01. Here 01, 20, 60 are depreciation areas. 60 is the derived depreciation area which is a standrd delivery.
    You are not clear whether are you posting to 20 periodically or not? Or it is for only reporting?.
    Assuming you are posting in 4.6C and want to continue the same, you can do so by the derived depreciation area.
    You may be needing to configure your system for periodical posting (ASKBN) and you need to use FB50L for postings to specific Ledger or ledger groups. If you want to post all the ledgers same value but for the depreciation, you can use the old transactions.
    you run your scenario in sand box and test your self before come to a conclusion.
    The scenario what you are referring is a standard functionality.

  • Asset management solution

    Hi everyone.
    I'm currently outlining and storyboarding a (perhaps overly ambitious) project on modern cosmology. It will consist entirely of found media. I've now gathered about 600 or so images, a very large number of publicly available lectures and interviews (audio from which will be used as the narration), movies and animations and computer simulations, as well as music, of course. All these assets currently live, unprocessed, in different places. The images are in iPhoto, the lectures and movies are in a single folder in an external HD, etc...
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    Hi Friends,
    Can any one please brief about these different terms used in SAP with respect to assets
    Asset Accounting
    EAM and
    Financial Assets Management.
    Are these all different components having different functionality.
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  • ABNAN- Posting not possible (Asset does not manage postable areas)

    Hi Experts,
    I am trying to do a post capitalization creating a new asset  using transaction ABNAN with the transaction type 400.
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    Vijayanth

    Dear,
    Check Asset master if it has depreciaiton areas activated.
    Regards,
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  • Fixed asset Write up Error. ABZU(Parallel depreciation area 32 is not poste

    Hi Sap Gurus,
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    The asset to be posted does not manage parallel depreciation area 32, or transaction type  that you are using is limited to certain depreciation areas, and does not contain depreciation area 32. This is incorrect.
    System Response
    Posting is rejected.
    Procedure
    Check the asset and the transaction type.
    I tried "Limit Transaction Types to Depreciation Areas" in t-code:OAXE for derpeciation area 01 and 32 but still i am getting the same error. I am using ttype:700. When i look into derpeciation tab in asset master record i have depreciation area 32 is there. Is there any configuration piece i am missing. We are using area 32 as IFRS in group which is copy of 01.
    Any help will be appreciate.
    Thanks and Regards,
    Babu

    Hi,
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    1) The wrong transaction type is being used.  Please verify that  you are using transaction type in the 700 series for your write-up.     
    2) The transaction type is restricted to certain depreciation areas.   In transaction OAXE the transaction type can be restricted to post  only to certain areas.  If the asset manages a parallel area you  have to extend the posting to include the parallel area.                 
    3) The asset was created before you introduced parallel currencies and  does not manage the parallel area.  In this case, the parallel  area must be created on the asset or the values need to be  transferred to a new asset that manages the parallel area.                       
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    Check transaction OAYZ to make sure the areas are activated for all  asset classes in the co.code.  If not, you will need to       activate these areas and ensure the asset has all areas assigned.                
    regards Bernhard

  • Change fiscal year to 2006 in Asset Management : error in year-end closing

    SAP version: 4.0B
    Transaction Codes used: Year-end closing – AJAB, Fiscal year change – AJRW
    We are trying to change the fiscal year to 2006 in Asset Management.
    I tried to change the fiscal year to 2006 for the company code 0055 using transaction code AJRW. The test run has displayed an error message “Fiscal year change in co. code 0055 1 possible only after year-end closing 2004 2’.
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    Hi,
    Thank you very much for your prompt reply.
    I have used transaction OAAR to check if any area is still open for previous years.
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         at oracle.apps.fnd.security.AppsServletFilter.doFilter(AppsServletFilter.java:318)
         at com.evermind.server.http.ServletRequestDispatcher.invoke(ServletRequestDispatcher.java:642)
         at com.evermind.server.http.ServletRequestDispatcher.forwardInternal(ServletRequestDispatcher.java:391)
         at com.evermind.server.http.HttpRequestHandler.doProcessRequest(HttpRequestHandler.java:908)
         at com.evermind.server.http.HttpRequestHandler.processRequest(HttpRequestHandler.java:458)
         at com.evermind.server.http.AJPRequestHandler.run(AJPRequestHandler.java:313)
         at com.evermind.server.http.AJPRequestHandler.run(AJPRequestHandler.java:199)
         at oracle.oc4j.network.ServerSocketReadHandler$SafeRunnable.run(ServerSocketReadHandler.java:260)
         at com.evermind.util.ReleasableResourcePooledExecutor$MyWorker.run(ReleasableResourcePooledExecutor.java:303)
         at java.lang.Thread.run(Thread.java:662)
    ## Detail 0 ##
    java.lang.ArrayIndexOutOfBoundsException
    java.lang.ArrayIndexOutOfBoundsException
    ----------------------------------------------------------------------------------------------

    I am finding eAM to be pretty interesting in the asset intensive environment. My implementations in shopping mall, metal and plastic manufacturing are quite interesting. It simply depends upon how you configure the system. It is a good package in my opinion
    Regards
    Lokesh Tayal CPIM

  • Error during asset transfer: No depr areas for receiving revenue

    Hi....
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    Satya

    Hi....
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  • Asset Manager Demo v1.1  Error during install

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    Hello Team,
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    Please remember to click “Mark as Answer” on the post that helps you, and to click “Unmark as Answer” if a marked post does not actually answer your question. This can be beneficial to other community members reading the thread.

  • Error while  Asset settlement

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