How To Fix AA981 - Depreciation area & entered in insurance type & is not in the asset.

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 981

• Message text: Depreciation area & entered in insurance type & is not in the asset.

What causes this issue?

You entered a depreciation area for determining insurance values in the
insurance type. This depreciation area does not exist in the asset.

System Response

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

How to fix this error?

Use an insurance type, which has a depreciation area that is also
managed in the asset. Or change the current insurance type
accordingly.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA981 - Depreciation area & entered in insurance type & is not in the asset. ?

  The SAP error message AA981 indicates that there is an issue with the depreciation area and the insurance type associated with an asset. Specifically, it suggests that the depreciation area you are trying to use is not configured correctly for the asset in question.
  Cause:
  
  Incorrect Configuration: The depreciation area specified may not be assigned to the asset in the asset master data.
  Missing Insurance Type: The insurance type you are trying to use may not be defined for the depreciation area in the asset configuration.
  Asset Master Data Issues: The asset master data may not have been set up correctly, leading to inconsistencies between the depreciation area and the insurance type.
  
  Solution:
  
  
  Check Asset Master Data:
  
  Go to the asset master record (transaction code AS03) and verify the depreciation areas assigned to the asset.
  Ensure that the depreciation area in question is correctly set up in the asset master data.
  
  
  
  Review Depreciation Area Configuration:
  
  Use transaction code OAYZ to check the configuration of the depreciation area.
  Ensure that the depreciation area is properly defined and that the insurance type is included in the configuration.
  
  
  
  Adjust Insurance Type Settings:
  
  If the insurance type is not defined for the depreciation area, you may need to add it. This can typically be done in the configuration settings for asset accounting (transaction code OAYZ or OAYB).
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to asset accounting and depreciation areas to ensure that you are following the correct procedures.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  AS03: Display Asset Master Record
  OAYZ: Configuration for Depreciation Areas
  OAYB: Configuration for Insurance Types
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  
  
  User Roles: Ensure that you have the necessary permissions to view and modify asset master data and configuration settings.
  
  
  By following these steps, you should be able to identify and resolve the issue related to the AA981 error message in SAP.