How To Fix AC559 - Parallel currency depreciation area & is not defined correctly

AC559 - Overview

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 559

• Message text: Parallel currency depreciation area & is not defined correctly

What causes this issue?

If you use a depreciation area for parallel currencies, then the
currency is the only thing that can be different from the balance sheet
depreciation area (normally depreciation area 01).
Therefore, a depreciation area for parallel currencies has to take over
identical values and depreciation terms from the master area.

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?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC559 - Parallel currency depreciation area & is not defined correctly ?

  The SAP error message AC559 indicates that there is an issue with the configuration of a parallel currency depreciation area in the Asset Accounting (FI-AA) module. This error typically arises when the system is unable to find a valid configuration for the specified depreciation area in relation to parallel currencies.
  
  Cause:
  
  Missing Configuration: The depreciation area for parallel currencies may not be defined correctly in the system. This could mean that the depreciation area is not set up to handle parallel currencies or that the necessary settings are incomplete.
  Incorrect Settings: The settings for the depreciation area may not align with the requirements for parallel currency processing, such as missing currency types or incorrect assignment of currency types to the depreciation area.
  Master Data Issues: The asset master data may not be correctly configured to use the specified depreciation area, leading to inconsistencies.
  
  
  Solution:
  
  
  Check Depreciation Area Configuration:
  
  Go to the configuration settings for Asset Accounting (Transaction