How To Fix AC478 - Enter a group asset and index series

AC478 - Overview

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 478

• Message text: Enter a group asset and index series

What causes this issue?

You tried to enter an index series and a group asset as default values
in the asset class at the same time.
However, in a group asset, it is not possible to have revaluation using
index series at the level of the individual asset.

How to fix this error?

Delete the default value for the group asset, or delete the default
value for the index series (or the default values for several index
series).

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC478 - Enter a group asset and index series ?

  The SAP error message AC478, which states "Enter a group asset and index series," typically occurs in the Asset Accounting (FI-AA) module when you are trying to create or modify an asset but have not provided the necessary information regarding the group asset and index series.
  
  Cause:
  
  Missing Group Asset: The system requires a group asset to be specified for certain transactions, especially when dealing with collective processing of assets.
  Missing Index Series: The index series is necessary for the asset's depreciation calculation and must be defined for the asset class.
  
  Configuration Issues: There may be configuration settings in the asset class that require a group asset and index series to be defined.
  
  
  Solution:
  To resolve the AC478 error, follow these steps:
  
  
  Check Asset Class Configuration:
  
  Go to the Asset Accounting configuration (Transaction code: OAOA).
  Ensure that the asset class you are working with is configured to require a group asset and index series.
  
  
  
  Enter Group Asset:
  
  When creating or modifying