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