How To Fix AA162 - Enter a chart of depreciation

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 162

• Message text: Enter a chart of depreciation

What causes this issue?

You processed general master data of the asset class. You need to enter
a chart of depreciation to continue processing master data specific to
the chart of depreciation for individual depreciation areas.
You can define several charts of depreciation for each asset class.
Each company code is assigned to one chart of depreciation.

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?

You have two options:
Enter the chart of depreciation to be processed (use the entry help for
assistance)
Cancel the function. You can save processing at asset class level.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA162 - Enter a chart of depreciation ?

  The SAP error message AA162, "Enter a chart of depreciation," typically occurs in the Asset Accounting (FI-AA) module when a user attempts to perform an action related to asset management without specifying a chart of depreciation. This chart is essential for defining how asset values are calculated and reported in financial statements.
  Cause:
  
  Missing Chart of Depreciation: The most common cause of this error is that the chart of depreciation has not been specified in the asset master record or during the transaction.
  Incorrect Configuration: The system may not be properly configured to recognize the chart of depreciation for the company code or the asset class being used.
  User Input Error: The user may have overlooked entering the required field in the transaction screen.
  
  Solution:
  
  
  Check Asset Master Record:
  
  Navigate to the asset master record (Transaction Code: AS01 or AS02).
  Ensure that the chart of depreciation is correctly assigned in the asset master data.
  If it is missing, you will need to enter the appropriate chart of depreciation.
  
  
  
  Verify Company Code Settings:
  
  Go to the configuration settings for the company code (Transaction Code: OAYZ).
  Ensure that the chart of depreciation is assigned to the company code.
  
  
  
  Review Asset Class Settings:
  
  Check the asset class settings (Transaction Code: OAOA).
  Make sure that the asset class is linked to the correct chart of depreciation.
  
  
  
  Input the Chart of Depreciation:
  
  If you are entering a transaction that requires a chart of depreciation, make sure to input it in the relevant field.
  
  
  
  Consult Documentation:
  
  If you are unsure about the correct chart of depreciation to use, consult your organization's financial documentation or speak with your finance team.
  
  
  
  Related Information:
  
  Chart of Depreciation: This is a key component in asset accounting that defines the rules for depreciation calculation, including methods, useful life, and periods.
  Transaction Codes:
  
  AS01: Create Asset Master Record
  AS02: Change Asset Master Record
  OAYZ: Define Chart of Depreciation
  OAOA: Define Asset Classes
  
  
  SAP Notes: Check SAP Notes for any specific issues or updates related to this error message, as there may be patches or updates that address known issues.
  
  If the problem persists after following these steps, it may be beneficial to consult with your SAP support team or refer to SAP's official documentation for further assistance.