How To Fix AC247 - Chart of depreciation & not defined

AC247 - Overview

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 247

• Message text: Chart of depreciation & not defined

What causes this issue?

You specified a chart of depreciation that is not (yet) defined.

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?

Enter a defined chart of depreciation or define the chart of
depreciation you specified.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC247 - Chart of depreciation & not defined ?

  The SAP error message AC247, which states "Chart of depreciation & not defined," typically occurs in the context of Asset Accounting (FI-AA) when the system cannot find a chart of depreciation that is required for processing asset-related transactions. This error can arise during various activities, such as asset creation, posting, or reporting.
  
  Cause:
  
  Missing Chart of Depreciation: The chart of depreciation has not been defined for the company code in question.
  Incorrect Configuration: The chart of depreciation may not be assigned correctly to the company code or may not be set up properly in the system.
  Data Entry Error: There may be a typo or incorrect entry in the configuration settings or during transaction processing.
  
  
  Solution:
  To resolve the AC247 error, follow these steps:
  
  
  Check Chart of Depreciation Configuration:
  
  Go to the SAP Easy Access screen and navigate to the following path:SPRO -> Financial Accounting -> Asset Accounting -> Implementation Guide -> Define Chart of Depreciation
  
  Ensure that the