How To Fix AA229 - SYST:No depreciation area exists for asset & &

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 229

• Message text: SYST:No depreciation area exists for asset & &

What causes this issue?

No depreciation areas have been created for asset &V1& &V2&.

System Response

The system cannot process this asset and terminates processing.

How to fix this error?

Contact your system specialist.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA229 - SYST:No depreciation area exists for asset & & ?

  The SAP error message AA229 "SYST: No depreciation area exists for asset & &" typically occurs in the Asset Accounting (FI-AA) module when you attempt to post a transaction related to an asset that does not have a valid depreciation area defined. This can happen during various processes, such as asset acquisition, transfer, or retirement.
  Cause:
  
  Missing Depreciation Area: The asset in question does not have any depreciation area assigned to it. Depreciation areas are used to manage different types of depreciation (e.g., book depreciation, tax depreciation).
  Configuration Issues: The asset master record may not be properly configured, or the necessary depreciation areas may not have been set up in the system.
  Asset Class Settings: The asset class associated with the asset may not have the required depreciation areas defined in the configuration.
  
  Solution:
  
  
  Check Asset Master Record:
  
  Go to the Asset Master Record (Transaction Code: AS03) and enter the asset number.
  Check the "Depreciation Areas" tab to see if any depreciation areas are assigned. If none are present, you will need to add the appropriate depreciation areas.
  
  
  
  Review Asset Class Configuration:
  
  Use Transaction Code: OAOA to check the configuration of the asset class.
  Ensure that the necessary depreciation areas are defined for the asset class. If not, you may need to add them.
  
  
  
  Create/Modify Depreciation Areas:
  
  If the required depreciation areas do not exist, you can create or modify them using Transaction Code: OADB (Depreciation Areas).
  Ensure that the settings for the depreciation areas align with your accounting requirements.
  
  
  
  Check Company Code Settings:
  
  Ensure that the company code settings for asset accounting are correctly configured to allow for the use of the required depreciation areas.
  
  
  
  Repost Transactions:
  
  After making the necessary changes, try reposting the transaction that triggered the error.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  AS03: Display Asset Master Record
  OAOA: Define Asset Classes
  OADB: Define Depreciation Areas
  
  
  Documentation: Refer to SAP Help documentation for Asset Accounting for detailed information on configuring depreciation areas and asset classes.
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP FI-AA expert for further assistance.
  
  By following these steps, you should be able to resolve the AA229 error and ensure that your asset has the necessary depreciation areas configured.