How To Fix AC247 - Chart of depreciation & not defined

SAP Error Message - Details

• 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 chart of depreciation is defined and configured correctly.
  
  
  
  Assign Chart of Depreciation to Company Code:
  
  In the same configuration area, check if the chart of depreciation is assigned to the relevant company code.
  Navigate to:
  SPRO -> Financial Accounting -> Asset Accounting -> Implementation Guide -> Assign Chart of Depreciation to Company Code
  
  Make sure that the chart of depreciation is linked to the correct company code.
  
  
  
  Verify Data Entry:
  
  If you are entering data manually, double-check for any typos or incorrect entries in the asset master data or during transaction processing.
  
  
  
  Check for Customizations:
  
  If your organization has custom configurations, ensure that they are not interfering with the standard settings.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files for any additional context or specific steps related to your version of SAP.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OAYZ (for defining charts of depreciation) and OAYB (for assigning charts of depreciation to company codes) to access the relevant configuration screens.
  SAP Notes: Check for any relevant SAP Notes that might address specific issues related to the AC247 error.
  User Roles: Ensure that you have the necessary authorizations to make changes in the configuration settings.
  
  By following these steps, you should be able to resolve the AC247 error and ensure that the chart of depreciation is correctly defined and assigned in your SAP system.