How To Fix AC501 - Chart of depreciation &1 is a sample; only there to be copied

AC501 - Overview

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 501

• Message text: Chart of depreciation &1 is a sample; only there to be copied

What causes this issue?

You have used chart of depreciation &V1&. It is either <ZH>not</>
defined, or it is a sample chart of depreciation.
You can only use sample charts of depreciation as templates for copying.
They are <ZH>not</> allowed to be assigned to a company code.

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 your entries. The allowed charts of depreciation are shown in the
input help.
Check whether data exists in the company code. If data does not exist in
the company code, you can delete the assignment of sample chart of
depreciation to the company code.

Error message extract from SAP system. Copyright SAP SE.

AC501 - Details

• The SAP error message AC501 indicates that the chart of depreciation you are trying to use is a sample chart and is not intended for direct use. This message typically arises when you attempt to create or modify asset accounting settings using a sample chart of depreciation that SAP provides for reference purposes.
  
  Cause:
  
  The chart of depreciation you are trying to use (denoted as &1 in the error message) is a sample chart provided by SAP. Sample charts are meant to serve as templates and cannot be used directly for asset accounting transactions.
  This error often occurs when users attempt to assign a sample chart of depreciation to a company code or when trying to create assets using that chart.
  
  
  Solution:
  
  
  Create a New Chart of Depreciation:
  
  You need to create a new chart of depreciation based on the sample chart. You can do this by copying the sample chart and then modifying it according