You cannot post to this asset (Asset & & blocked for acquisitions)

What causes this issue?

You want to post an acquisition to an asset which is blocked for
acquisition postings.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Remove the blocking indicator in the asset master record, or post
to a different asset.

Error message extract from SAP system. Copyright SAP SE.