007 SAP Message of Class AY Asset class & not defined for AuC. Please correct.

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007(AY) - Asset class & not defined for AuC. Please correct.

Message number 007 of class AY is used to display message "Asset class & not defined for AuC. Please correct." and can be triggered using the following ABAP code:

DATA: lv_val1(100) TYPE C.
lv_val1 = '123'.

    MESSAGE E007(AY) WITH lv_val1. "Error message example

    MESSAGE W007(AY) WITH lv_val1. "Warning message example

    MESSAGE I007(AY) WITH lv_val1. "Information message example
See here for more optionsay007

What causes this issue

Asset class V1 is defined for handling assets under
construction with open item management.
You cannot use this class for depreciation simulation.

System Response

How to fix

Select a different asset class.

Message text extract from SAP system. Copyright SAP SE.

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