How To Fix AC357 - Area &1 for value takeover in ch.of dep. &3 is managed in forgn currency

AC357 - Overview

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 357

• Message text: Area &1 for value takeover in ch.of dep. &3 is managed in forgn currency

What causes this issue?

According to its definition, area &V2& is managed in local currency,
and is supposed to take over acquisition values from area &V1&, which
is managed in a different currency. This specification is not correct.
An area managed in local currency can only take over values from
another area managed in local currency.

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?

Check the specifications for both areas in FI-AA Customizing.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC357 - Area &1 for value takeover in ch.of dep. &3 is managed in forgn currency ?

  The SAP error message AC357 indicates an issue related to the area of depreciation in asset accounting, specifically when dealing with foreign currency valuations. The message typically arises when there is an attempt to take over values in a depreciation area that is set up to manage values in a foreign currency, but the system encounters a problem with the data being processed.
  
  Cause:
  
  Foreign Currency Configuration: The depreciation area in question is configured to manage values in a foreign currency, but the values being taken over may not be compatible with this configuration.
  Missing or Incorrect Currency Settings: The asset master record may not have the correct currency settings, or the currency conversion rates may not be properly maintained.
  Inconsistent Data: There may be inconsistencies in the data being processed, such as incorrect amounts or missing information that prevents the system from completing the value takeover.
  
  
  Solution:
  
  Check Depreciation Area Settings: Review the configuration of