How To Fix AB047 - There is no special depreciation for deferral

SAP Error Message - Details

• Message type: E = Error

• Message class: AB -

• Message number: 047

• Message text: There is no special depreciation for deferral

What causes this issue?

No posting for deferring special depreciation could be created, because
no asset in the list has special depreciation in the fiscal year you
specified.

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?

Please check your entries and restart the report if necessary.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AB047 - There is no special depreciation for deferral ?

  The SAP error message AB047, which states "There is no special depreciation for deferral," typically occurs in the context of asset accounting when you are trying to post a transaction related to special depreciation or when you are attempting to execute a transaction that involves deferred special depreciation.
  Cause:
  The error can arise due to several reasons:
  
  Missing Configuration: The special depreciation settings for the asset in question may not be configured correctly in the system. This includes the absence of a defined special depreciation area or the lack of a valid depreciation key.
  Asset Class Settings: The asset class may not be set up to allow for special depreciation.
  Posting Period Issues: The posting period may not be open for the transaction you are trying to execute.
  Incorrect Transaction Type: The transaction type used may not support special depreciation.
  
  Solution:
  To resolve the AB047 error, you can take the following steps:
  
  
  Check Asset Configuration:
  
  Go to the asset master record and verify that the special depreciation area is correctly defined.
  Ensure that the depreciation key assigned to the asset allows for special depreciation.
  
  
  
  Review Asset Class Settings:
  
  Check the configuration of the asset class to ensure that it is set up to allow special depreciation. This can be done in the configuration settings under Asset Accounting.
  
  
  
  Verify Posting Period:
  
  Ensure that the posting period is open for the transaction you are trying to execute. You can check this in the period control settings.
  
  
  
  Check Transaction Type:
  
  Make sure that the transaction type you are using supports special depreciation. If not, you may need to use a different transaction type.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for specific configuration settings related to special depreciation.
  
  
  
  Testing:
  
  After making the necessary changes, try to execute the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like AS01 (Create Asset), AS02 (Change Asset), or AS03 (Display Asset) to check asset details.
  Configuration Path: The configuration for asset accounting can typically be found under the following path in SAP: 
  
  SPRO > Financial Accounting > Asset Accounting > Configuration > Depreciation Areas.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  
  If the issue persists after following these steps, it may be beneficial to engage with your SAP support team or consult the SAP community for further assistance.