Message type: E = Error
Message class: AA - Messages for Asset Accounting
Message number: 674
Message text: There is no separate period weighting defined for fiscal year &1.
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The SAP error message AA674 indicates that there is no separate period weighting defined for the specified fiscal year in the Asset Accounting module. This error typically arises when you are trying to perform an operation that requires period weighting, such as posting an asset transaction or running a report that involves asset values.
Cause: The error occurs because the system expects a period weighting configuration for the specified fiscal year, but it has not been defined in the system. Period weighting is used in asset accounting to determine how asset values are distributed across different periods, especially when dealing with depreciation or other asset-related calculations.
Solution: To resolve this error, you need to define the period weighting for the specified fiscal year. Here are the steps to do this: Access the Customizing Transaction: Go to the SAP Easy Access screen and enter the transaction code SPRO to access the SAP Reference IMG. Navigate to Asset Accounting
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