How To Fix AA695 - There are no depreciation areas to post to in fiscal year &

AA695 - Overview

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 695

• Message text: There are no depreciation areas to post to in fiscal year &

What causes this issue?

You have requested a depreciation posting run for fiscal year &V1&.
The program has determined that depreciation areas are still open for
this fiscal year, but according to their configuration, these areas do
<ZH>not</> post depreciation.

&NOTE&
If you entered a ledger group, the program selects only those
depreciation areas that are assigned to this ledger group in Customizing
for <LS>Asset Accounting</> under <LS>Integration with General Ledger
Accounting -> <DS:SIMG.ORFA_MIT_BEREICH>Define How Depreciation Areas
Post to General Ledger</></>.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

How to fix this error?

Check your entries.

Error message extract from SAP system. Copyright SAP SE.

AA695 - Details

• The SAP error message AA695 indicates that there are no depreciation areas available for posting in the specified fiscal year. This typically occurs in the Asset Accounting (FI-AA) module when trying to post transactions related to asset depreciation, and it can be caused by several factors.
  Causes:
  
  Missing Configuration: The depreciation areas may not be configured for the specified fiscal year in the asset master data.
  Fiscal Year Settings: The fiscal year settings may not allow for depreciation postings in the specified year.
  Asset Master Data: The asset master record may not have the necessary depreciation areas assigned or may be incomplete.
  Posting Periods: The posting periods for the fiscal year may be closed, preventing any postings.
  Depreciation Area Settings: The depreciation area may be set to not allow postings for the specified fiscal year.
  
  Solutions:
  
  
  Check Asset Master Data:
  
  Go to the asset master record (transaction code AS03) and verify that the necessary depreciation areas are assigned and