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

SAP Error Message - Details

• 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

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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 in the error message is defined and properly configured.
  
  
  
  Assign Maximum Amount Method:
  
  If the method is not defined, you may need to create it or assign it to the relevant asset class.
  Ensure that the method is linked to the correct asset class that is being used in the transaction.
  
  
  
  Review Asset Master Data:
  
  Check the asset master data for the asset in question.
  Ensure that the asset class is correct and that it corresponds to the defined maximum amount method.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for any specific requirements or additional configuration steps that may be necessary for your version of SAP.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OAOA (for asset class configuration) or OAYZ (for maximum amount method configuration) to access the relevant settings.
  SAP Notes: Check for any SAP Notes related to this error message for additional guidance or patches that may address known issues.
  User Authorization: Ensure that you have the necessary authorizations to make changes to 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.