How To Fix AA518 - Enter a valid depreciation key

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 518

• Message text: Enter a valid depreciation key

What causes this issue?

You have entered a depreciation key that has not been defined.

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 your entry or define the key.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA518 - Enter a valid depreciation key ?

  The SAP error message AA518: "Enter a valid depreciation key" typically occurs in the Asset Accounting (FI-AA) module when a user attempts to post an asset transaction without specifying a valid depreciation key. The depreciation key is essential for determining how the asset's value will be depreciated over time.
  Cause:
  
  Missing Depreciation Key: The most common cause is that the depreciation key field is left blank or is incorrectly filled in the asset master record or during the transaction entry.
  Invalid Depreciation Key: The depreciation key entered may not exist in the system or may not be configured correctly.
  Configuration Issues: The depreciation key may not be assigned to the asset class or may not be set up properly in the system.
  User Authorization: The user may not have the necessary permissions to access or use certain depreciation keys.
  
  Solution:
  
  
  Check Asset Master Record:
  
  Go to the asset master record (transaction code AS02) and ensure that a valid depreciation key is assigned to the asset.
  If the depreciation key is missing, enter a valid key and save the changes.
  
  
  
  Verify Depreciation Key:
  
  Use transaction code OADB to check the list of available depreciation keys and ensure that the key you are trying to use is valid and active.
  If the key is not valid, you may need to select a different key or create a new one if necessary.
  
  
  
  Review Asset Class Configuration:
  
  Check the configuration of the asset class (transaction code OAOA) to ensure that the depreciation key is assigned correctly.
  Make sure that the depreciation key is linked to the correct asset class and that all necessary settings are in place.
  
  
  
  User Authorization:
  
  Ensure that the user has the necessary authorizations to use the depreciation key. This may involve checking user roles and permissions in the system.
  
  
  
  Consult Documentation:
  
  If you are unsure about which depreciation key to use, consult your organization's asset accounting documentation or speak with a financial consultant or SAP expert.
  
  
  
  Related Information:
  
  Depreciation Keys: These are defined in the system to determine the method and rate of depreciation for different types of assets. Common types include straight-line, declining balance, and units of production.
  Transaction Codes:
  
  AS01: Create Asset Master Record
  AS02: Change Asset Master Record
  OADB: Maintain Depreciation Keys
  OAOA: Define Asset Classes
  
  
  SAP Notes: Check SAP Notes for any known issues or updates related to depreciation keys and asset accounting.
  
  By following these steps, you should be able to resolve the AA518 error and successfully process your asset transactions.