How To Fix AC359 - There is an error in the specifications for area &1 in ch.of dep. &3

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 359

• Message text: There is an error in the specifications for area &1 in ch.of dep. &3

What causes this issue?

There is a currency type entered in the Customizing definition of area
&V1&. This means that this depreciation area has to adopt its
acquisition values and depreciation terms (without change) from area
&V2&, which posts its values automatically to Financial Accounting. In
addition,reference depreciation area &V2& has to be 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 the depreciation 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 AC359 - There is an error in the specifications for area &1 in ch.of dep. &3 ?

  The SAP error message AC359 indicates that there is an issue with the specifications for a particular area in the chart of depreciation. This error typically arises in the context of Asset Accounting (FI-AA) when there are inconsistencies or missing configurations related to the area specified in the chart of depreciation.
  
  Cause:
  
  Missing Configuration: The area specified in the error message may not be properly configured in the chart of depreciation.
  Inconsistent Data: There may be inconsistencies in the asset master data or the configuration settings for the depreciation area.
  Invalid Area: The area specified might not exist or is not valid for the chart of depreciation being used.
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to access or modify the specified area.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for the chart of depreciation (Transaction code OAVV).
  Verify that the area specified in the error message is correctly defined and configured.
  Ensure that all