Hi Experts,
We are having an error during the asset settlement 'You cannot post comp. retirement for asset XXX with this trans.type'.
Scenario:
1. We have posted a down payment to the WBS PO in month 1. At the end of the month, the amount go to AUC.
2. PO got completed in month 2. Invoice already posted and and down payment clearing is done. They change the WBS status to TECO to capitalize the asset without realizing that down payment still haven't clear in AUC. During settlement, user overlooked the error message.
3. In month 3, they realize the WBS didn't get capitalized due to down payment still not clear. They UNTECO the WBS and run settlement but there are nothing to settle. Maybe it is because the downpayment clearing done in previous month but system cannot capture it in current.
Therefore, now AUC are stuck in system and cannot be capitalized. We cannot open the previous period to run the settlement. And it is very difficult to reverse back the downpayment clearing and post it in current month. Some of the downpayment clearing happen in previous fiscal year.
Hopefully somebody can help us on this. Really need some help.