How To Fix AC482 - Depreciation area 00 is not allowed in insurance type &1

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 482

• Message text: Depreciation area 00 is not allowed in insurance type &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message AC482 - Depreciation area 00 is not allowed in insurance type &1 ?

  The SAP error message AC482 indicates that there is an issue with the depreciation area configuration in relation to the insurance type specified in the error message. Specifically, it means that the depreciation area 00 (which typically represents the book value for financial accounting) is not allowed for the specified insurance type.
  Cause:
  
  Configuration Issue: The depreciation area 00 may not be configured to be used with the specified insurance type in the system.
  Insurance Type Settings: The insurance type may have restrictions that prevent the use of certain depreciation areas.
  Asset Master Data: The asset master data may not be set up correctly, leading to this error when trying to process insurance-related transactions.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for insurance types in the Asset Accounting module (Transaction code: OAOA).
  Verify that depreciation area 00 is allowed for the specified insurance type. If not, you may need to adjust the configuration to include it.
  
  
  
  Review Asset Master Data:
  
  Check the asset master data for the asset in question (Transaction code: AS03).
  Ensure that the depreciation areas are correctly assigned and that the asset is set up to use the appropriate insurance type.
  
  
  
  Adjust Insurance Type Settings:
  
  If the insurance type is not meant to use depreciation area 00, consider using a different depreciation area that is allowed for that insurance type.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for specific guidelines on configuring insurance types and depreciation areas.
  
  
  
  Testing:
  
  After making any changes, perform a test transaction to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  AS03: Display Asset
  OAOA: Configure Insurance Types
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  User Roles: Ensure that you have the necessary permissions to make changes to asset accounting configurations.
  
  If the issue persists after following these steps, it may be beneficial to engage with your SAP support team or a consultant who specializes in Asset Accounting for further assistance.