How To Fix AC342 - Identical dep. terms not possible in chart of depreciation &4

AC342 - Overview

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 342

• Message text: Identical dep. terms not possible in chart of depreciation &4

What causes this issue?

Depreciation area &V1& is defined to have the same depreciation terms
as depreciation area &V2&.
This is not (or no longer) possible since the two areas treat the
'&V3&' depreciation type differently.

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?

If you want both areas to have the same depreciation terms, you have to
define the management of &V3& the same for both areas in Customizing.

Error message extract from SAP system. Copyright SAP SE.

AC342 - Details

• The SAP error message AC342, which states "Identical dep. terms not possible in chart of depreciation &4," typically occurs when there is an attempt to create or modify an asset in a way that violates the rules set in the chart of depreciation (CoD) for asset accounting. This error indicates that there are duplicate depreciation terms defined for the same asset class within the specified chart of depreciation.
  
  Cause:
  
  Duplicate Depreciation Terms: The error arises when there are two or more depreciation terms (e.g., useful life, depreciation method) that are identical for the same asset class in the chart of depreciation.
  
  Configuration Issues: The configuration of the chart of depreciation may have been set up incorrectly, leading to overlapping or identical entries.
  Asset Class Settings: The asset class settings may not be properly defined, causing conflicts when creating or modifying assets.
  
  
  Solution:
  
  
  Check Depreciation Terms:
  
  Go to the configuration settings for the chart of depreciation in SAP