How To Fix AA648 - Net book value negative in area & at fiscal year start

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 648

• Message text: Net book value negative 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.

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• What is the cause and solution for SAP error message AA648 - Net book value negative in area & at fiscal year start ?

  The SAP error message AA648 ("Net book value negative in area & at fiscal year start") typically occurs in the Asset Accounting (FI-AA) module when the system detects that the net book value of an asset is negative at the beginning of a fiscal year. This situation can arise due to various reasons, such as incorrect asset transactions, depreciation settings, or manual adjustments.
  Causes:
  
  Incorrect Asset Transactions: If there are incorrect postings or transactions related to the asset, such as wrong acquisition costs or unrecorded disposals, it can lead to a negative net book value.
  Depreciation Issues: If the depreciation settings are not configured correctly, or if there are errors in the depreciation calculation, it can result in a negative value.
  Manual Adjustments: Manual adjustments or corrections made to the asset values that do not align with the expected values can also cause this error.
  Year-End Closing Issues: If the year-end closing process was not executed properly, it might lead to discrepancies in asset values.
  
  Solutions:
  
  Check Asset Transactions: Review all transactions related to the asset in question. Ensure that acquisition costs, transfers, and disposals are correctly posted.
  Review Depreciation Settings: Verify the depreciation keys and settings for the asset. Ensure that the depreciation method and rates are correctly defined.
  Correct Manual Adjustments: If any manual adjustments were made, check their validity and ensure they are correctly reflected in the asset's value.
  Run Asset Reports: Use asset reports (e.g., Asset History Sheet) to analyze the asset's history and identify any discrepancies.
  Adjust Values: If necessary, make adjustments to the asset values to correct any negative net book values. This may involve posting additional acquisition costs or correcting depreciation postings.
  Consult with Finance Team: If the issue persists, consult with your finance or accounting team to ensure compliance with accounting standards and practices.
  
  Related Information:
  
  Transaction Codes: You can use transaction codes like AS03 (Display Asset), AW01N (Asset Explorer), and S_ALR_87011990 (Asset History Sheet) to investigate the asset details.
  Documentation: Refer to SAP documentation or help files for detailed information on asset accounting and depreciation settings.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  
  If the problem continues after following these steps, it may be necessary to involve your SAP support team or consult with SAP support for further assistance.