How To Fix AB720 - Enter a depreciation key with 'depreciation by days' such as &1

SAP Error Message - Details

• Message type: E = Error

• Message class: AB -

• Message number: 720

• Message text: Enter a depreciation key with 'depreciation by days' such as &1

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message AB720 - Enter a depreciation key with 'depreciation by days' such as &1 ?

  The SAP error message AB720 indicates that a depreciation key that supports "depreciation by days" has not been entered in the asset master record. This typically occurs when you are trying to post a transaction related to asset depreciation, but the system requires a specific depreciation key that allows for daily depreciation calculations.
  
  Cause:
  
  Missing Depreciation Key: The asset master record does not have a depreciation key assigned that supports depreciation by days.
  Incorrect Configuration: The depreciation key configured in the system may not be set up to allow for daily depreciation calculations.
  Asset Class Settings: The asset class associated with the asset may not have the correct depreciation key settings.
  
  
  Solution:
  
  
  Check Asset Master Record:
  
  Go to the asset master record (transaction code AS02).
  Check the depreciation area and ensure that a valid depreciation key is assigned.
  If the depreciation key is missing or incorrect, update it with a key that supports depreciation by days.
  
  
  
  Review Depreciation Key Configuration:
  
  Use