How To Fix AC544 - Ch.of dep.&2/Area &1:Indicator 'Area for reporting only' is incorrect

AC544 - Overview

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 544

• Message text: Ch.of dep.&2/Area &1:Indicator 'Area for reporting only' is incorrect

What causes this issue?

Indicator <LS>Depreciation Area Only for Reporting Purposes</> is
wrongly set in chart of depreciation &V2& for depreciation area &V1&.
You are only allowed to set this indicator for derived depreciation
areas. This enables the system to create totals or differences from
other, real depreciation areas, without having to run certain checks
(such as the check for net book value).

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?

Adjust the Customizing settings for the depreciation area.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC544 - Ch.of dep.&2/Area &1:Indicator 'Area for reporting only' is incorrect ?

  The SAP error message AC544 typically relates to issues with asset accounting, specifically concerning the configuration of asset areas and their indicators. The message indicates that there is a problem with the "Area for reporting only" indicator for a specific asset area.
  
  Cause:
  The error message AC544 is triggered when the system detects that the configuration for the asset area is incorrect. This can happen due to several reasons, including:
  
  Incorrect Configuration: The asset area may be set up incorrectly in the system, particularly regarding the "Area for reporting only" indicator.
  Inconsistent Settings: There may be inconsistencies between the asset area settings and the requirements for the asset accounting process.
  Missing Authorizations: Sometimes, the user may not have the necessary authorizations to access or modify the asset area settings.
  
  
  Solution:
  To resolve the AC544 error, you can follow these steps:
  
  
  Check Asset Area Configuration:
  
  Go to the configuration settings for asset accounting in SAP (Transaction code: OAOA).
  Verify the settings