How To Fix AA559 - LVA maximum amount for company code &1 area &2 is not maintained

AA559 - Overview

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 559

• Message text: LVA maximum amount for company code &1 area &2 is not maintained

What causes this issue?

You want to create a purchase order or purchase order request for a
low value asset. However, there is no LVA maximum amount entered in
company code &V1& for depreciation area &V2&.

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?

Enter the missing maximum amount for low value assets.

Error message extract from SAP system. Copyright SAP SE.

AA559 - Details

• The SAP error message AA559 indicates that the maximum amount for a specific company code and area is not maintained in the system. This error typically occurs in the context of Asset Accounting (FI-AA) when you are trying to post a transaction that exceeds the defined limits for asset transactions.
  
  Cause:
  The error is caused by the absence of a defined maximum amount for the specified company code and area in the configuration settings. This can happen if:
  
  The maximum amount has not been set up in the system.
  The configuration for the asset area is incomplete or incorrect.
  The transaction you are trying to post exceeds the limits set in the configuration.
  
  
  Solution:
  To resolve this error, you need to maintain the maximum amount for the relevant company code and area. Here are the steps to do this:
  
  
  Access the Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: Financial Accounting (New) -> Asset Accounting