How To Fix AA671 - You cannot combine deprec. to the day w/ year-dependent fisc.yr variant

AA671 - Overview

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 671

• Message text: You cannot combine deprec. to the day w/ year-dependent fisc.yr variant

What causes this issue?

Depreciation key &V2& (that is used in depreciation area &V1&)
calculates depreciation to the day. You are not allowed to combine this
depreciation key with year dependent fiscal year variant &V3&.

System Response

Error message.

How to fix this error?

Change the depreciation key, or the fiscal year variant, or enter a
different depreciation key in the asset.

Error message extract from SAP system. Copyright SAP SE.

AA671 - Details

• The SAP error message AA671 indicates that there is an issue with the depreciation calculation settings in the Asset Accounting (FI-AA) module. Specifically, it arises when there is an attempt to combine "depreciation to the day" with a year-dependent fiscal year variant, which is not allowed in SAP.
  
  Cause:
  The error occurs due to the following reasons:
  
  Fiscal Year Variant Settings: The fiscal year variant is set to year-dependent, which means that the depreciation calculation is based on the fiscal year settings that can vary from year to year.
  Depreciation Method: The asset is configured to use a depreciation method that calculates depreciation "to the day," which is incompatible with the year-dependent fiscal year variant.
  
  
  Solution:
  To resolve this error, you can consider the following solutions:
  
  
  Change the Depreciation Method:
  
  If possible, change the depreciation method for the asset to one that does not calculate depreciation "to the day." This can be done in the asset master record