How To Fix AC558 - Depreciation area & will be changed for parallel currencies

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 558

• Message text: Depreciation area & will be changed for parallel currencies

What causes this issue?

A depreciation area that is intended for parallel currencies has to
meet the following conditions:
Identical value takeover from the master area
Identical takeover of depreciation terms from the master area
Identical management of values (depreciation types) as in the master
area
In this way, you are guaranteed that the only differences between the
master area and the parallel currency area are due to different
currencies.

System Response

These conditions did not exist up to now. Therefore, the system will
now create them automatically.

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC558 - Depreciation area & will be changed for parallel currencies ?

  The SAP error message AC558 indicates that there is an issue with the depreciation area in relation to parallel currencies. This error typically arises when there is an inconsistency or conflict in the configuration of the asset accounting settings, particularly concerning how depreciation is calculated and reported in different currencies.
  Cause of Error AC558
  
  
  Configuration Issues: The depreciation area may not be properly configured to handle parallel currencies. This can happen if the settings for the depreciation area do not align with the currency settings in the company code or if the parallel currency is not defined correctly.
  
  
  Inconsistent Currency Settings: If the asset is set up with a different currency than what is defined in the depreciation area, it can lead to this error. For example, if the asset is in a local currency but the depreciation area is set to a different currency, this inconsistency will trigger the error.
  
  
  Changes in Currency Settings: If there have been recent changes to the currency settings in the asset accounting configuration, it may lead to this error if the changes have not been properly reflected across all relevant areas.
  
  
  Solution to Error AC558
  
  
  Check Depreciation Area Configuration:
  
  Go to the configuration settings for Asset Accounting (Transaction code: OAYZ).
  Verify the settings for the depreciation area in question. Ensure that the currency settings are correctly defined and that the depreciation area is set up to handle parallel currencies.
  
  
  
  Review Asset Master Data:
  
  Check the asset master data (Transaction code: AS03) for the asset that is causing the error. Ensure that the currency settings in the asset master data match the configuration of the depreciation area.
  
  
  
  Adjust Currency Settings:
  
  If necessary, adjust the currency settings in the company code or the asset master data to ensure consistency. This may involve changing the currency of the asset or modifying the depreciation area settings.
  
  
  
  Run Asset Reconciliation:
  
  After making changes, run the asset reconciliation (Transaction code: ABR) to ensure that all asset values are correctly updated and that there are no further inconsistencies.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help notes related to asset accounting and parallel currencies for additional guidance and best practices.
  
  
  
  Related Information
  
  
  Transaction Codes:
  
  AS03: Display Asset
  OAYZ: Configuration for Depreciation Areas
  ABR: Asset Reconciliation
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  
  
  Testing: After making changes, it is advisable to test the asset transactions to ensure that the error does not reoccur.
  
  
  By following these steps, you should be able to resolve the AC558 error and ensure that your asset accounting is correctly configured for parallel currencies. If the issue persists, consider reaching out to your SAP support team for further assistance.