How To Fix AA647 - Net book value positive in area & at fiscal year start

AA647 - Overview

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 647

• Message text: Net book value positive in area & at fiscal year start

INCLUDE 'AA_AFA_ERROR' OBJECT DOKU ID TX LANGUAGE E

Error message extract from SAP system. Copyright SAP SE.

AA647 - Details

• The SAP error message AA647 ("Net book value positive in area & at fiscal year start") typically occurs in the Asset Accounting (FI-AA) module when there is an inconsistency in the asset's net book value (NBV) at the beginning of a fiscal year. This error indicates that the asset has a positive net book value, but the system is unable to process transactions for that asset due to the fiscal year start settings.
  
  Cause:
  
  Asset Not Fully Depreciated: The asset may not have been fully depreciated, and there are still remaining values that need to be accounted for.
  Incorrect Fiscal Year Settings: The fiscal year settings may not be correctly configured, leading to discrepancies in how the asset's values are recognized.
  Missing or Incorrect Depreciation Areas: The asset may have depreciation areas that are not set up correctly or are missing, causing issues with the calculation of net book value.
  Posting Period Issues: The posting