How To Fix AA111 - Chart of dep. & does not exist in class & (Create chart of deprec.)

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 111

• Message text: Chart of dep. & does not exist in class & (Create chart of deprec.)

What causes this issue?

Chart of depreciation &V1& does not exist in class &V2&.

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?

Create the chart of depreciation &V1& for asset class &V2& using the
transaction 'Create asset class' and the function 'Create chart of
dep.'.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA111 - Chart of dep. & does not exist in class & (Create chart of deprec.) ?

  The SAP error message AA111 indicates that the system cannot find the specified "Chart of Depreciation" for the asset class you are trying to work with. This typically occurs when you attempt to post an asset transaction or create an asset without having a valid chart of depreciation defined for the relevant asset class.
  Cause:
  
  Missing Chart of Depreciation: The chart of depreciation for the specified asset class has not been created or is not assigned.
  Incorrect Configuration: The asset class may not be properly configured to use a chart of depreciation.
  Data Entry Error: There may be a typo or incorrect entry in the asset class or chart of depreciation fields.
  
  Solution:
  To resolve the AA111 error, you need to create or assign a chart of depreciation to the asset class. Here are the steps to do this:
  
  
  Access the Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (SAP Project Reference Object) > Enterprise Structure > Definition > Financial Accounting > Asset Accounting > Define Chart of Depreciation.
  
  
  
  Create a Chart of Depreciation:
  
  If a chart of depreciation does not exist, you can create one by selecting the option to create a new chart of depreciation.
  Fill in the required details, such as the chart of depreciation key, description, and other relevant settings.
  
  
  
  Assign the Chart of Depreciation to the Asset Class:
  
  Navigate to SPRO > Enterprise Structure > Assignment > Financial Accounting > Asset Accounting > Assign Chart of Depreciation to Company Code.
  Ensure that the chart of depreciation is assigned to the relevant company code and asset class.
  
  
  
  Check Asset Class Configuration:
  
  Go to SPRO > Enterprise Structure > Definition > Financial Accounting > Asset Accounting > Define Asset Classes.
  Verify that the asset class you are using is correctly configured and linked to the appropriate chart of depreciation.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, try to create or post the asset transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OAYZ (to define charts of depreciation) and OAOA (to define asset classes) for quicker access to the configuration settings.
  Documentation: Refer to SAP Help documentation for detailed steps and guidelines on configuring asset accounting settings.
  User Roles: Ensure that you have the necessary authorizations to make changes in the configuration settings.
  
  By following these steps, you should be able to resolve the AA111 error and successfully work with asset transactions in SAP.