How To Fix AA061 - Insurance index series & has no index for & (Create index)

AA061 - Overview

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 061

• Message text: Insurance index series & has no index for & (Create index)

What causes this issue?

No index figures have been defined for fiscal year &V2& in the
insurance index series &V1&.

System Response

No insurable values or base insurable values can be calculated.

How to fix this error?

Create index figures for the year &V2& in index series &V1&.

Error message extract from SAP system. Copyright SAP SE.

AA061 - Details

• The SAP error message AA061 indicates that there is an issue with the insurance index series in the Asset Accounting (FI-AA) module. Specifically, it means that the system is trying to find an index for a particular asset, but it cannot find one for the specified insurance index series.
  
  Cause:
  
  Missing Index Definition: The insurance index series has not been defined in the system for the asset in question.
  Incorrect Configuration: The configuration settings for the insurance index series may be incorrect or incomplete.
  Data Entry Error: There may be a data entry error when creating or maintaining the asset master record, leading to the system not being able to find the appropriate index.
  
  
  Solution:
  
  
  Define the Insurance Index Series:
  
  Go to the transaction code OAYD (or navigate through the menu: Accounting > Financial Accounting > Asset Accounting > Master Data > Insurance Index > Define Insurance Index).
  Check if the insurance index series is defined. If not,