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

AC691 - Overview

• 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