How To Fix AA099 - Company code & has wrong asset valuation area

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 099

• Message text: Company code & has wrong asset valuation area

What causes this issue?

The depreciation area &V2& in company code &V1& has to be defined to
generate a list for the valuation of net assets. This area has not been
defined.

System Response

List processing will stop immediately.

How to fix this error?

Correct the specifications in company code &V1& or define the
depreciation area &V2&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA099 - Company code & has wrong asset valuation area ?

  The SAP error message AA099 indicates that there is a mismatch between the company code and the asset valuation area in the Asset Accounting (FI-AA) module. This error typically arises when you attempt to post an asset transaction, and the system cannot find a valid configuration for the specified company code and asset valuation area.
  Cause:
  
  Configuration Issues: The asset valuation area may not be correctly assigned to the company code in the system configuration.
  Missing Valuation Area: The asset valuation area may not exist for the specified company code.
  Incorrect Asset Master Data: The asset master record may have been created with an incorrect valuation area that does not correspond to the company code.
  Data Migration Issues: If data was migrated from another system, there may be inconsistencies in the asset valuation area assignments.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings in SAP (Transaction code SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Valuation > Define Valuation Areas.
  Ensure that the valuation area is correctly assigned to the company code in question.
  
  
  
  Review Asset Master Data:
  
  Use transaction code AS03 to display the asset master record.
  Check the valuation area assigned to the asset and ensure it matches the configuration for the company code.
  
  
  
  Create/Modify Valuation Area:
  
  If the valuation area does not exist for the company code, you may need to create it or modify the existing configuration to include the valuation area.
  
  
  
  Check for Data Migration Issues:
  
  If the error occurred after a data migration, review the migration process to ensure that all necessary configurations and data mappings were correctly set up.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for detailed steps on configuring asset valuation areas and company codes.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  AS01: Create Asset Master Record
  AS02: Change Asset Master Record
  AS03: Display Asset Master Record
  SPRO: Access the SAP Customizing Implementation Guide
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  
  
  User Roles: Ensure that the user has the necessary authorizations to view and modify asset master data and configuration settings.
  
  
  By following these steps, you should be able to resolve the AA099 error and ensure that the asset valuation area is correctly configured for the specified company code.