How To Fix 8Z778 - Cannot revaluate asset &1 &2 in area &3 in acquisition year (&4)

SAP Error Message - Details

• Message type: E = Error

• Message class: 8Z - Messages for Inflation Adjustment

• Message number: 778

• Message text: Cannot revaluate asset &1 &2 in area &3 in acquisition year (&4)

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message 8Z778 - Cannot revaluate asset &1 &2 in area &3 in acquisition year (&4) ?

  The SAP error message 8Z778 indicates that there is an issue with the revaluation of an asset in a specific area during its acquisition year. This error typically arises in the Asset Accounting (FI-AA) module when trying to perform a revaluation on an asset that has not been properly set up or has certain restrictions.
  Cause:
  
  Acquisition Year Restrictions: The asset may be in its acquisition year, and certain revaluation activities are restricted during this period.
  Asset Status: The asset might be in a status that does not allow revaluation (e.g., it could be locked or in a closed period).
  Configuration Issues: There may be configuration settings in the asset accounting that prevent revaluation in the acquisition year.
  Missing Data: Required data for the revaluation process might be missing or incorrect.
  
  Solution:
  
  Check Asset Status: Verify the status of the asset. Ensure that it is not locked or in a closed period.
  Review Configuration: Check the configuration settings in the Asset Accounting module to see if revaluation is allowed in the acquisition year. This can be done in the configuration settings under:
  
  SPRO > Financial Accounting > Asset Accounting > Valuation > Define Valuation Areas.
  
  
  Revaluation Timing: If the asset is indeed in its acquisition year, consider waiting until the next fiscal year to perform the revaluation, as revaluation may not be permitted during the acquisition year.
  Check for Missing Data: Ensure that all necessary data for the asset is complete and correct. This includes acquisition values, depreciation areas, and any other relevant information.
  Consult Documentation: Review SAP documentation or notes related to asset revaluation for any specific guidelines or restrictions that may apply.
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like AS02 (Change Asset) or AW01N (Asset Explorer) to check the asset details and status.
  SAP Notes: Look for relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Authorization: Ensure that you have the necessary authorizations to perform asset revaluation.
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or reach out to SAP support for further assistance.