How To Fix AC689 - Level &1 is not defined in chart of depreciation &2

AC689 - Overview

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 689

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

What causes this issue?

Multi-level method &V1& is not defined for chart of depreciation &V2&.

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 multi-level method &V1& in FI-AA Customizing.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

AC689 - Details

• The SAP error message AC689 indicates that a specific level (in this case, Level &1) is not defined in the specified chart of depreciation (Chart of Depreciation &2). This error typically occurs in the context of asset accounting when trying to perform operations related to asset management, such as asset creation, transfer, or depreciation posting.
  
  Cause:
  
  Missing Configuration: The level specified in the error message is not configured in the chart of depreciation. This could happen if the level was deleted or never defined.
  Incorrect Chart of Depreciation: The chart of depreciation being referenced may not be the correct one for the asset or may not have the necessary levels defined.
  Data Entry Error: There may be a typographical error in the level or chart of depreciation being used.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Depreciation > Define Chart of Depreciation.
  Verify that the level