How To Fix AA547 - Insurable value cannot be calculated

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 547

• Message text: Insurable value cannot be calculated

What causes this issue?

The maximum length of the insurable value is 13 places ($99999999999.99
or 9999999999999 lire). There is a base insurable value for this asset
and an index in the index series. The value resulting from this index
and base insurable value would be larger than the maximum length
for the insurable value.

System Response

The system does not calculate the insurable value.

How to fix this error?

If you need to use such a large base insurable value, split it up
between several sub-numbers. Otherwise, use a smaller base insurable
value.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA547 - Insurable value cannot be calculated ?

  The SAP error message AA547 ("Insurable value cannot be calculated") typically occurs in the context of Asset Accounting (FI-AA) when the system is unable to determine the insurable value for an asset. This can happen for several reasons, and understanding the cause is essential for resolving the issue.
  Causes:
  
  Missing or Incorrect Data: The asset master record may be missing key information required for calculating the insurable value, such as the asset's acquisition value, useful life, or depreciation settings.
  Configuration Issues: The configuration settings for insurance valuation in the Asset Accounting module may not be set up correctly.
  Valuation Areas: The valuation area for the asset may not be properly defined, or the asset may not be assigned to the correct valuation area.
  Depreciation Areas: The relevant depreciation area for insurance purposes may not be activated or configured correctly.
  Asset Class Settings: The asset class may not have the necessary settings for insurable value calculation.
  
  Solutions:
  
  Check Asset Master Data: Review the asset master record for completeness. Ensure that all required fields, such as acquisition value, useful life, and depreciation settings, are filled in correctly.
  Review Configuration: Check the configuration settings in the Asset Accounting module related to insurance valuation. Ensure that the necessary parameters are set up correctly.
  Valuation Area Assignment: Verify that the asset is assigned to the correct valuation area and that the valuation area is properly configured.
  Depreciation Area Settings: Ensure that the depreciation area used for insurance purposes is activated and configured correctly in the system.
  Asset Class Configuration: Review the settings for the asset class to ensure that it supports the calculation of insurable value.
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) to check and modify asset master data.
  Configuration Path: The configuration for Asset Accounting can typically be found in the SAP IMG under Financial Accounting (New) > Asset Accounting > Valuation > Insurance Valuation.
  Documentation: Refer to SAP Help documentation for detailed information on asset valuation and insurance valuation settings.
  
  If the issue persists after checking the above points, it may be beneficial to consult with your SAP support team or refer to SAP Notes for any known issues or patches related to this error message.