How To Fix AC686 - Declining-balance method &1 in chart of deprec. &2 is not defined

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 686

• Message text: Declining-balance method &1 in chart of deprec. &2 is not defined

What causes this issue?

Declining-balance calculation method &V1& in chart of depreciation &V2&
is not defined.

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?

Define declining-balance method &V1& in FI-AA Customizing.

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 AC686 - Declining-balance method &1 in chart of deprec. &2 is not defined ?

  The SAP error message AC686 indicates that there is an issue with the configuration of the declining-balance depreciation method in the specified chart of depreciation. This error typically arises when the system cannot find the necessary settings for the declining-balance method in the specified chart of depreciation.
  Cause:
  
  Missing Configuration: The declining-balance method is not defined in the chart of depreciation you are trying to use. This could be due to the method not being set up at all or it may not be assigned to the relevant asset classes.
  Incorrect Chart of Depreciation: The chart of depreciation specified in the transaction may not be the one that has the declining-balance method configured.
  Asset Class Issues: The asset class associated with the asset may not have the declining-balance method assigned.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for the chart of depreciation in SAP. You can do this by navigating to SPRO > Financial Accounting > Asset Accounting > Depreciation > Define Depreciation Areas.
  Ensure that the declining-balance method is defined for the specified chart of depreciation.
  
  
  
  Define Depreciation Method:
  
  If the declining-balance method is not defined, you will need to create it. You can do this by going to SPRO > Financial Accounting > Asset Accounting > Depreciation > Define Depreciation Methods and ensuring that the declining-balance method is set up correctly.
  
  
  
  Assign to Asset Class:
  
  Ensure that the asset class you are using has the declining-balance method assigned. You can check this in the asset class configuration settings.
  
  
  
  Check Chart of Depreciation:
  
  Verify that you are using the correct chart of depreciation in your asset master record. You can check this in the asset master data (transaction code AS01 or AS02).
  
  
  
  Consult Documentation: If you are unsure about the configuration steps, refer to the SAP documentation or consult with your SAP support team for guidance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and OADB (Define Depreciation Areas).
  SAP Notes: Check for any SAP Notes related to this error message for additional troubleshooting steps or patches.
  User Roles: Ensure that you have the necessary authorizations to make changes to the configuration settings.
  
  By following these steps, you should be able to resolve the AC686 error and ensure that the declining-balance method is properly configured in your SAP system.