How To Fix AA123 - Useful life in years is shorter than mimimum useful life (please correct)

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 123

• Message text: Useful life in years is shorter than mimimum useful life (please correct)

What causes this issue?

The useful life &V1& is shorter in years than the minimum useful life
&V2& that is specified for this asset class.

System Response

Processing is terminated.

How to fix this error?

You can do one of the following:
Correct your entry for the useful life to correspond to the minimum
allowed useful life.
Change the minimum allowed useful life in the asset class (-> in the
detail screen of the depreciation area concerned).

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA123 - Useful life in years is shorter than mimimum useful life (please correct) ?

  The SAP error message AA123 indicates that the useful life you have entered for an asset is shorter than the minimum useful life defined in the system. This error typically occurs during asset master data creation or when you are trying to post an asset transaction.
  Cause:
  
  Minimum Useful Life Setting: SAP has a predefined minimum useful life for different asset classes. If the useful life you are trying to set for an asset is less than this minimum, the system will throw this error.
  Configuration Issues: The minimum useful life might be set incorrectly in the asset class configuration.
  Data Entry Error: The useful life might have been entered incorrectly, either too low or in the wrong format.
  
  Solution:
  
  
  Check Minimum Useful Life:
  
  Go to the asset class configuration in SAP (Transaction code: OAOA).
  Check the minimum useful life defined for the asset class you are working with.
  If necessary, adjust the useful life of the asset you are trying to create or modify to meet or exceed this minimum.
  
  
  
  Adjust Useful Life:
  
  If the useful life you intended to set is indeed valid, you may need to adjust it to comply with the minimum requirement.
  For example, if the minimum useful life is 5 years, you cannot set the useful life to 3 years.
  
  
  
  Review Asset Class Configuration:
  
  If you believe the minimum useful life is set incorrectly, consult with your SAP administrator or the person responsible for asset management configuration to review and possibly adjust the settings.
  
  
  
  Data Entry Verification:
  
  Double-check the data entry for any typos or incorrect values that may have led to this error.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  OAOA: Asset Class Configuration
  AS01: Create Asset
  AS02: Change Asset
  AS03: Display Asset
  
  
  
  Documentation: Refer to SAP Help documentation for asset accounting to understand the configuration settings related to asset classes and useful life.
  
  
  User Roles: Ensure that you have the necessary permissions to view and modify asset class settings if you need to make changes.
  
  
  By following these steps, you should be able to resolve the AA123 error and successfully create or modify the asset in SAP.