How To Fix AC691 - Depreciation area &1 in company code &2 does not have default values

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 691

• Message text: Depreciation area &1 in company code &2 does not have default values

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

Depreciation area &V1& in company code &V2& does not have any default
values.

System Response

Warning

How to fix this error?

Enter default values for the depreciation area in Customizing, or
change the entries in your depreciation key, so that default values are
not required for this 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 AC691 - Depreciation area &1 in company code &2 does not have default values ?

  The SAP error message AC691 indicates that the depreciation area specified in the message does not have default values set up for the company code in question. This typically occurs during asset transactions, such as asset acquisition or depreciation posting, when the system expects certain default values to be defined for the specified depreciation area.
  Cause:
  
  Missing Default Values: The depreciation area in question has not been configured with default values for the specified company code.
  Configuration Issues: There may be a misconfiguration in the asset accounting settings, particularly in the configuration of depreciation areas.
  Newly Created Depreciation Area: If a new depreciation area has been created, it may not have been fully configured with the necessary default values.
  
  Solution:
  To resolve the AC691 error, you need to ensure that default values are set for the specified depreciation area in the relevant company code. Here are the steps to do this:
  
  
  Access the Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (Customizing) > Financial Accounting > Asset Accounting > Integration > Define Default Values for Depreciation Areas.
  
  
  
  Define Default Values:
  
  In the configuration screen, select the relevant company code and depreciation area.
  Ensure that all necessary fields are filled out with appropriate default values. This may include fields like:
  
  Depreciation method
  Useful life
  Special depreciation
  Other relevant settings
  
  
  
  
  
  Check for Missing Entries:
  
  If you are unsure which values are missing, compare the configuration of the problematic depreciation area with other depreciation areas that are functioning correctly.
  
  
  
  Save Changes: After making the necessary adjustments, save your changes.
  
  
  Test the Transaction: After configuring the default values, try to execute the transaction again to see if the error persists.
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OAYZ (for defining default values) or OABW (for asset accounting settings) to access the relevant configuration screens.
  Documentation: Refer to SAP Help documentation for Asset Accounting for detailed information on configuring depreciation areas and default values.
  User Roles: Ensure that you have the necessary authorizations to make changes in the configuration settings.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Asset Accounting for further assistance.