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

AA981 - Overview

• 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.

AA981 - Details

• 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