How To Fix AC694 - Maximum amount method & is not defined

AC694 - Overview

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 694

• Message text: Maximum amount method & is not defined

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 AC694 - Maximum amount method & is not defined ?

  The SAP error message AC694, which states "Maximum amount method & is not defined," typically occurs in the context of Asset Accounting (FI-AA) when there is an issue with the configuration of the maximum amount method for asset transactions. This error indicates that the system is unable to find a defined maximum amount method for the asset transaction you are trying to process.
  
  Cause:
  
  Missing Configuration: The maximum amount method has not been defined in the system for the relevant asset class or transaction type.
  Incorrect Settings: The settings for the maximum amount method may be incorrectly configured or not assigned to the asset class.
  Transaction Type Issues: The transaction type being used may not have a corresponding maximum amount method defined.
  
  
  Solution:
  To resolve the AC694 error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Valuation > Define Maximum Amount Methods.
  Ensure that