How To Fix AC693 - Maximum amount method &1 is not defined on &2

AC693 - Overview

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 693

• Message text: Maximum amount method &1 is not defined on &2

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message AC693 - Maximum amount method &1 is not defined on &2 ?

  The SAP error message AC693, which states "Maximum amount method &1 is not defined on &2," typically occurs in the context of Asset Accounting (FI-AA) when there is an issue with the configuration of maximum amount methods for asset transactions.
  
  Cause:
  This error usually arises due to one of the following reasons:
  
  Missing Configuration: The maximum amount method specified in the error message is not defined in the system for the asset class or the specific asset.
  Incorrect Asset Class: The asset class associated with the asset may not have the required maximum amount method configured.
  Data Entry Error: There may be a mistake in the data entry where an invalid method is referenced.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for Asset Accounting in SAP.
  Navigate to the path: SPRO > Financial Accounting > Asset Accounting > Valuation > Define Maximum Amount Methods.
  Ensure that the maximum amount method specified