How To Fix AC296 - Chart of depreciation & is not defined

AC296 - Overview

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 296

• Message text: Chart of depreciation & is not defined

What causes this issue?

You entered chart of depreciation &V1&, which is not 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?

Correct your entry.

Error message extract from SAP system. Copyright SAP SE.

AC296 - Details

• The SAP error message AC296, which states "Chart of depreciation & is not defined," typically occurs in the context of Asset Accounting (FI-AA) when the system cannot find a defined chart of depreciation for the specified company code or area. This can happen during various transactions, 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 correctly assigned to the company code.
  Data Entry Error: There may be a typo or incorrect entry in the transaction that references the chart of depreciation.
  Transport Issues: If the configuration was recently transported from another system, it may not have been set up correctly.
  
  
  Solution:
  
  
  Define Chart of Depreciation:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO ? IMG ? Financial Accounting ? Asset Accounting ? Integration ? Define Chart of Depreciation.
  Ensure that the chart