How To Fix AC355 - Enter useful life

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 355

• Message text: Enter useful life

What causes this issue?

In the definition of the level of the calculation key, you made at
least one entry, for which no time period is specified.

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 time period.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC355 - Enter useful life ?

  The SAP error message AC355 "Enter useful life" typically occurs in the context of asset accounting when you are trying to create or modify an asset master record, and the system requires you to specify the useful life of the asset. The useful life is an important parameter in asset accounting as it determines the period over which the asset will be depreciated.
  Cause:
  The error arises when:
  
  The useful life of the asset has not been entered in the asset master record.
  The field for useful life is mandatory in the configuration of the asset class you are working with.
  The asset class settings may not allow for the creation of an asset without specifying the useful life.
  
  Solution:
  To resolve the error, you need to enter a valid useful life for the asset. Here are the steps to do so:
  
  
  Access the Asset Master Record:
  
  Go to the transaction code AS01 (Create Asset) or AS02 (Change Asset) in SAP.
  
  
  
  Enter Required Information:
  
  Fill in the necessary fields such as Company Code, Asset Class, and other relevant details.
  
  
  
  Specify Useful Life:
  
  Look for the field labeled "Useful Life" or "Life in Years" in the asset master record screen.
  Enter a valid number that represents the useful life of the asset in years.
  
  
  
  Save the Record:
  
  After entering the useful life, save the asset master record.
  
  
  
  Related Information:
  
  Asset Class Configuration: Ensure that the asset class you are using is configured correctly in the system. You can check this in the configuration settings under Asset Accounting (Transaction code SPRO).
  Depreciation Areas: The useful life may also be linked to different depreciation areas. Make sure that the useful life is consistent across the relevant depreciation areas if applicable.
  Documentation: Refer to SAP documentation or your organization's internal guidelines for specific policies regarding useful life for different asset types.
  
  If you continue to experience issues after entering the useful life, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Asset Accounting.