Settlement of Old Asset Data to Receiver Type & Not Allowed

What causes this issue?

You tried to settle values from the previous year to a receiver
other than an asset. This procedure is not supported by the system.

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?

Check your distribution rules and change the receiver.

Error message extract from SAP system. Copyright SAP SE.