How To Fix AC290 - Chart of accounts & is not defined in Asset Accounting

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 290

• Message text: Chart of accounts & is not defined in Asset Accounting

What causes this issue?

Chart of accounts &V1& that you want to copy is not defined in Asset
Accounting.

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?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC290 - Chart of accounts & is not defined in Asset Accounting ?

  The SAP error message AC290 indicates that the chart of accounts (CoA) is not defined in Asset Accounting for the specified company code. This error typically arises when you attempt to perform asset accounting transactions, such as creating or posting an asset, but the system cannot find the necessary configuration for the specified chart of accounts.
  Cause:
  
  Missing Configuration: The chart of accounts has not been assigned to the asset accounting settings for the company code.
  Incorrect Company Code: The company code you are working with may not be correctly set up in the system.
  Data Entry Error: There may be a typo or incorrect entry in the transaction where the chart of accounts is specified.
  
  Solution:
  To resolve the AC290 error, follow these steps:
  
  
  Check Configuration:
  
  Go to the SAP Easy Access screen and navigate to the following path:
  SPRO -> IMG -> Financial Accounting (New) -> Asset Accounting -> Integration with General Ledger Accounting -> Define Chart of Accounts for Asset Accounting
  
  Ensure that the chart of accounts you are using is defined for the relevant company code in Asset Accounting.
  
  
  
  Assign Chart of Accounts:
  
  If the chart of accounts is not assigned, you will need to assign it. You can do this by:
  
  Selecting the appropriate company code.
  Assigning the chart of accounts that you want to use for asset accounting.
  
  
  
  
  
  Check Company Code Settings:
  
  Ensure that the company code is correctly set up and that it is active. You can check this in the following path:
  SPRO -> IMG -> Enterprise Structure -> Definition -> Financial Accounting -> Define Company Code
  
  
  
  
  Review Transaction Data:
  
  Double-check the transaction data you are entering to ensure that the correct chart of accounts is being referenced.
  
  
  
  Transport Requests:
  
  If you are working in a development or quality assurance environment, ensure that any necessary transport requests have been moved to the production environment.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OAOA (for Asset Accounting settings) and OX15 (for Company Code settings) to navigate directly to the relevant configuration areas.
  Documentation: Refer to SAP Help documentation for detailed steps on configuring Asset Accounting and charts of accounts.
  User Roles: Ensure that you have the necessary authorizations to make changes to the configuration settings.
  
  By following these steps, you should be able to resolve the AC290 error and ensure that your asset accounting transactions can proceed without issues.