How To Fix AC431 - Depreciation area &1 is not defined in chart of depreciation &2

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 431

• Message text: Depreciation area &1 is not defined in chart of depreciation &2

What causes this issue?

Depreciation area &V1& is not (yet) defined in chart of depreciation
&V2&.

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?

First define the depreciation area, or correct your entry.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC431 - Depreciation area &1 is not defined in chart of depreciation &2 ?

  The SAP error message AC431 indicates that a specific depreciation area is not defined in the specified chart of depreciation. This error typically occurs when you are trying to post or process asset transactions, and the system cannot find the necessary configuration for the depreciation area in the chart of depreciation you are using.
  Cause:
  
  Missing Configuration: The depreciation area specified in the error message is not defined in the chart of depreciation you are working with.
  Incorrect Chart of Depreciation: The asset may be assigned to a different chart of depreciation than the one you are trying to use.
  Data Entry Error: There may be a typo or incorrect entry in the asset master data or during the transaction.
  
  Solution:
  
  
  Check Asset Master Data:
  
  Go to the asset master record (transaction code AS03) and verify the assigned chart of depreciation and depreciation areas.
  Ensure that the depreciation area mentioned in the error message is correctly assigned to the asset.
  
  
  
  Define Depreciation Area in Chart of Depreciation:
  
  Navigate to the configuration settings for the chart of depreciation (transaction code OAYZ).
  Check if the depreciation area is defined for the specified chart of depreciation. If it is not, you will need to add it.
  To do this, go to the configuration path: Financial Accounting (New) > Asset Accounting > Implementation Guide > Depreciation Areas > Define Depreciation Areas in Chart of Depreciation.
  
  
  
  Review Chart of Depreciation Assignment:
  
  Ensure that the chart of depreciation is correctly assigned to the company code and that the asset is being processed under the correct company code.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration, refer to SAP documentation or consult with your SAP functional consultant for guidance on how to properly set up depreciation areas and charts of depreciation.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  AS03: Display Asset Master Record
  OAYZ: Define Depreciation Areas in Chart of Depreciation
  
  
  SAP Notes: Check for any relevant SAP Notes that might address specific issues related to this error message.
  User Roles: Ensure that you have the necessary authorizations to view and modify asset master data and configuration settings.
  
  By following these steps, you should be able to resolve the AC431 error and ensure that your asset transactions can be processed correctly.