How To Fix AC520 - Depreciation key &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: 520

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

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC520 - Depreciation key &1 is not defined in chart of depreciation &2 ?

  The SAP error message AC520 indicates that there is an issue with the depreciation key specified in the asset accounting module. Specifically, it means that the depreciation key you are trying to use is not defined in the specified chart of depreciation. Here’s a breakdown of the cause, solution, and related information for this error:
  Cause:
  
  Undefined Depreciation Key: The depreciation key you are trying to use (denoted as &1 in the error message) is not defined in the chart of depreciation (denoted as &2).
  Incorrect Chart of Depreciation: The chart of depreciation being referenced may not be the correct one for the asset or transaction you are processing.
  Configuration Issues: There may be a configuration issue in the asset accounting settings where the depreciation key has not been properly set up or assigned.
  
  Solution:
  
  
  Check Depreciation Key:
  
  Go to the transaction code OAYZ (or navigate through the menu: SPRO > Financial Accounting > Asset Accounting > Depreciation > Define Depreciation Keys).
  Verify if the depreciation key exists in the chart of depreciation you are using. If it does not exist, you may need to create it.
  
  
  
  Define Depreciation Key:
  
  If the depreciation key is missing, you can create it by clicking on the "New Entries" button and filling in the necessary details such as the key, description, and settings for the depreciation method.
  
  
  
  Check Chart of Depreciation:
  
  Ensure that the correct chart of depreciation is being used for the asset. You can check this in the asset master record (transaction code AS03).
  If the asset is assigned to the wrong chart of depreciation, you may need to correct it.
  
  
  
  Review Configuration:
  
  If you are unsure about the configuration, consult with your SAP FI/CO consultant or refer to the SAP documentation for guidance on setting up depreciation keys and charts of depreciation.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Depreciation Keys: These are used to determine how an asset is depreciated over time. Different keys can represent different methods of depreciation (e.g., straight-line, declining balance).
  Charts of Depreciation: This is a framework that defines how assets are managed and depreciated in a specific country or company code. Each chart of depreciation can have its own set of depreciation keys.
  Asset Master Record: This is where the details of each asset are maintained, including the assigned chart of depreciation and depreciation key.
  
  By following these steps, you should be able to resolve the AC520 error and ensure that your asset accounting processes run smoothly.