How To Fix AC354 - Enter acquisition year

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 354

• Message text: Enter acquisition year

What causes this issue?

In the definition of the level of the calculation key, you made at
least one entry that has no specification for the validity period of
the acquisition (acquisition year).

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?

Enter the required year.
Please note that this is a 'To' entry.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC354 - Enter acquisition year ?

  The SAP error message AC354 "Enter acquisition year" typically occurs in the context of asset accounting when a user attempts to perform an action related to asset acquisition, such as creating or modifying an asset master record, and the acquisition year is not specified.
  Cause:
  The error is triggered because the acquisition year is a mandatory field in the asset master record. This field indicates the year in which the asset was acquired, and it is essential for various calculations, including depreciation and asset reporting.
  Solution:
  To resolve the AC354 error, you need to ensure that the acquisition year is entered correctly. Here are the steps to do so:
  
  
  Access the Asset Master Record:
  
  Navigate to the transaction code for asset master records (e.g., AS01 for creating a new asset or AS02 for changing an existing asset).
  
  
  
  Enter the Acquisition Year:
  
  In the relevant field for acquisition year, enter the correct year in which the asset was acquired. This is usually a four-digit year (e.g., 2023).
  
  
  
  Check Other Required Fields:
  
  Ensure that all other mandatory fields are filled out correctly. Sometimes, missing information in other fields can also lead to errors.
  
  
  
  Save the Record:
  
  After entering the acquisition year and verifying all other required fields, save the asset master record.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  AS01: Create Asset
  AS02: Change Asset
  AS03: Display Asset
  
  
  
  Field Information:
  
  The acquisition year is typically found in the "General Data" or "Acquisition Information" sections of the asset master record.
  
  
  
  Depreciation:
  
  The acquisition year is crucial for calculating the depreciation of the asset, as it determines the start of the depreciation period.
  
  
  
  SAP Documentation:
  
  For more detailed information, refer to the SAP Help Portal or the specific documentation related to Asset Accounting (FI-AA).
  
  
  
  If you continue to experience issues after entering the acquisition year, it may be helpful to check with your SAP support team or consult the system logs for additional error details.