3408000 - Error AA377 Posting not possible in company code & owing to legacy data transfer

While posting to an Asset the following error is raised:

Posting not possible in company code & owing to legacy data transfer

Message no. AA377

SAP S/4HANA Cloud

The error may be caused by incomplete settings for the company code when productive already.

1. Enter App Make Company Code settings and select the company code displayed in the error message.
2. Go to tab 'Legacy Data transfer'
3. Either change the status to 'Ongoing (other postings allowed)' or Complete the transfer segment. See steps in KBA 2891851.

• KBA 2891851 - How to close Legacy Data transfer in S/4HANA CLOUD
• KBA 2858989 - Changing legacy transfer date gives error FAA_CMP043

AA377, AA 377, Posting not possible in company code, owing to legacy transfer, owing to legacy data transfer, ldt, asset posting, transaction, asset, posting not possible , KBA , FI-AA-AA-C-2CL , Transactions (Public Cloud) , FI-AA-AA-A-2CL , Master Data (Public Cloud) , Problem

SAP S/4HANA Cloud Public Edition all versions ; SAP S/4HANA Cloud all versions