How To Fix AC297 - Depreciation key & is not defined

AC297 - Overview

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 297

• Message text: Depreciation key & is not defined

What causes this issue?

You entered depreciation key &V1& in chart of depreciation
&V2&. This key 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.

AC297 - Details

• The SAP error message AC297, which states "Depreciation key & is not defined," typically occurs when the system cannot find a specified depreciation key in the configuration. This can happen during asset transactions, such as asset creation, posting, or during the execution of depreciation runs.
  
  Cause:
  
  Missing Configuration: The depreciation key specified in the asset master record is not defined in the system.
  Incorrect Entry: The depreciation key may have been entered incorrectly in the asset master data.
  Inactive Depreciation Key: The depreciation key might exist but is not active or has been deactivated.
  Missing Customization: The necessary configuration for the depreciation key may not have been set up in the Asset Accounting (FI-AA) module.
  
  
  Solution:
  
  
  Check Depreciation Key:
  
  Go to the Asset Accounting configuration (Transaction code: OAYZ or SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Depreciation > Define Depreciation Keys.
  Verify if the depreciation key in question is listed. If it is not, you will need