How To Fix 5M058 - Car purchased more than 3 yrs after 1st registration. Do not use list pr.

SAP Error Message - Details

• Message type: E = Error

• Message class: 5M - Error Messages for Denmark

• Message number: 058

• Message text: Car purchased more than 3 yrs after 1st registration. Do not use list pr.

What causes this issue?

The car was purchased more than three calendar years after its first
registration. To calculate the employee's imputed income, you must
*not* use the list price of the car (that is, its value when new).
Instead, you must use the car's actual purchase price.
However, the model and make of car have been specified, and a list
price has been entered in table T51C5 accordingly, so the latter is
used for the calculation. This is normally an error.

System Response

The system displays a warning, but still accepts the list price.

How to fix this error?

Delete the entries in the 'Manufacturer' and 'Model' fields, and enter
the actual purchase price of the car in the 'Purchase price' field.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 5M058 - Car purchased more than 3 yrs after 1st registration. Do not use list pr. ?

  The SAP error message 5M058 indicates that a car has been purchased more than three years after its first registration. This error typically arises in the context of vehicle management or asset accounting within SAP, particularly when dealing with the acquisition of vehicles that are subject to specific regulatory or financial rules.
  Cause:
  The primary cause of this error is that the system has a predefined rule or configuration that restricts the purchase of vehicles that have been registered for more than three years. This is often related to depreciation calculations, tax implications, or compliance with company policies regarding asset acquisition.
  Solution:
  To resolve this error, consider the following steps:
  
  
  Verify Registration Date: Check the first registration date of the vehicle in question. Ensure that it is indeed more than three years old.
  
  
  Review Company Policy: Confirm whether your organization has a policy that restricts the purchase of older vehicles. If the policy allows for exceptions, you may need to obtain the necessary approvals.
  
  
  Adjust Configuration: If the purchase of older vehicles is permissible, you may need to adjust the configuration settings in SAP. This could involve changing the parameters that govern the age restrictions for vehicle purchases.
  
  
  Consult with SAP Support: If you are unsure about how to proceed or if the error persists despite following the above steps, it may be beneficial to consult with your SAP support team or a technical consultant who can provide guidance based on your specific system configuration.
  
  
  Consider Alternative Solutions: If the vehicle cannot be purchased due to the age restriction, consider looking for alternative vehicles that meet the criteria or explore leasing options if applicable.
  
  
  Related Information:
  
  Depreciation Rules: Understand how the age of the vehicle affects its depreciation and financial reporting within your organization.
  Regulatory Compliance: Be aware of any legal or regulatory requirements that may influence vehicle purchases, especially in certain industries.
  Asset Management: Familiarize yourself with the asset management module in SAP, as it may provide additional insights into managing vehicle acquisitions and related errors.
  
  By addressing the underlying cause and following the appropriate steps, you should be able to resolve the error and proceed with your vehicle acquisition process.