How To Fix AB033 - CO account assignment missing in the depreciation posting rules

SAP Error Message - Details

• Message type: E = Error

• Message class: AB -

• Message number: 033

• Message text: CO account assignment missing in the depreciation posting rules

What causes this issue?

Since primary cost planning for depreciation/interest simulates the
values of future depreciation posting runs, you need depreciation
posting rules for it.
One of the most important of these posting rules is account assignment
to cost centers or internal orders or WBS elements.
However, there is no account assignment to cost centers or internal
orders or WBS elements in the posting rules for company code &V1&,
depreciation area &V2&.

System Response

Processing is terminated.

How to fix this error?

Enter the necessary posting rules.
If you start primary cost planning with the indicator "planning on cost
centers," you have to enter account assignment to cost centers.
If you start primary cost planning with the indicator "planning on
internal orders," you have to enter account assignment to orders.
If you start primary cost planning with the indicator "planning on WBS
elements," you have to enter account assignment to WBS elements.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AB033 - CO account assignment missing in the depreciation posting rules ?

  The SAP error message AB033, which states "CO account assignment missing in the depreciation posting rules," typically occurs when there is a missing configuration in the Asset Accounting (FI-AA) module related to the assignment of cost objects (like cost centers or internal orders) during the depreciation posting process.
  Cause:
  
  Missing Configuration: The error usually arises when the depreciation posting rules for an asset do not have a corresponding cost object assignment in the Controlling (CO) module.
  Asset Master Data: The asset master record may not have the necessary CO account assignment information filled in.
  Depreciation Areas: The depreciation area settings may not be correctly configured to allow for CO account assignments.
  Posting Rules: The posting rules for the asset may not be set up to include CO account assignments.
  
  Solution:
  
  
  Check Asset Master Data:
  
  Go to the asset master record (transaction code AS02) and ensure that the relevant cost center or internal order is assigned in the "Cost Center" or "Internal Order" fields.
  
  
  
  Review Depreciation Posting Rules:
  
  Navigate to the configuration settings for Asset Accounting (transaction code SPRO).
  Follow the path: Financial Accounting (New) > Asset Accounting > Valuation > Depreciation > Define Depreciation Posting Rules.
  Ensure that the posting rules for the relevant depreciation areas include the necessary CO account assignment.
  
  
  
  Adjust Depreciation Areas:
  
  Check the configuration of the depreciation areas to ensure they are set up to allow for CO assignments. This can be done in the same SPRO path mentioned above.
  
  
  
  Check for Missing Entries:
  
  If you have recently created new assets or changed configurations, ensure that all necessary entries are made in the relevant tables.
  
  
  
  Test Posting:
  
  After making the necessary adjustments, try to post the depreciation again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  AS02: Change Asset Master Record
  AS03: Display Asset Master Record
  SPRO: Customizing Implementation Guide
  
  
  Documentation: Refer to SAP Help documentation for Asset Accounting for detailed guidance on configuration and troubleshooting.
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting SAP Notes for any known issues or patches related to this error.
  
  By following these steps, you should be able to resolve the AB033 error and ensure that your asset depreciation postings are correctly assigned to the appropriate cost objects.