How To Fix AA171 - Number of periods for useful life must be smaller than in FY variant

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 171

• Message text: Number of periods for useful life must be smaller than in FY variant

What causes this issue?

You have specified &V1& periods for the useful life.
This number of periods is greater than the number of periods defined for
the fiscal year variant (&V2&). This is <ZH>not</> allowed.

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?

Correct the number of periods. It must be less than &V2&.
Note:
You must specify the useful life as a combination of years and periods.
Example:
You have a fiscal year with 12 posting periods; the useful life is 5
years.
For the useful life, you then enter <LB>5 years</> and <LB>0 periods</>.
It is <ZH>not</> correct to enter <LB>0 years</> and <LB>60 periods</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA171 - Number of periods for useful life must be smaller than in FY variant ?

  The SAP error message AA171 indicates that there is a mismatch between the useful life of an asset and the fiscal year variant settings in the system. Specifically, it means that the number of periods defined for the asset's useful life exceeds the number of periods allowed in the fiscal year variant.
  
  Cause:
  
  Useful Life Configuration: The useful life of the asset has been set to a value that is greater than the number of periods defined in the fiscal year variant. For example, if the fiscal year variant is set to 12 periods (monthly), but the asset's useful life is set to 15 periods, this error will occur.
  Fiscal Year Variant Settings: The fiscal year variant may be configured to have fewer periods than what is defined for the asset's useful life.
  Asset Master Data: The asset master data may have been incorrectly entered or modified, leading to this inconsistency.
  
  
  Solution:
  
  
  Check Fiscal Year Variant: