How To Fix AC351 - Depreciation key & not defined

AC351 - Overview

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 351

• Message text: Depreciation key & not defined

What causes this issue?

Depreciation key &V1& that you entered is not defined in any active
chart of depreciation.

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?

Please correct your entry.

Error message extract from SAP system. Copyright SAP SE.

AC351 - Details

• The SAP error message AC351 indicates that a depreciation key is not defined for the asset in question. This error typically arises during asset accounting processes, such as when trying to post a transaction related to an asset or when running depreciation calculations.
  
  Cause:
  
  Missing Depreciation Key: The depreciation key assigned to the asset master record is not defined in the system.
  Incorrect Configuration: The depreciation key may not be properly configured in the system, or it may not be assigned to the correct asset class.
  Asset Class Issues: The asset class associated with the asset may not have a valid depreciation key assigned.
  Data Entry Errors: There may be a typo or incorrect entry in the asset master data.
  
  
  Solution:
  
  
  Check Asset Master Record:
  
  Go to the asset master record (transaction code AS02).
  Verify that the depreciation key is correctly assigned in the asset master data.
  If it is missing, assign a valid depreciation key.
  
  
  
  Define Depreciation Key:
  
  If the depreciation