How To Fix AC695 - There are no phases for depreciation key &1 in ch.of deprec. &2

AC695 - Overview

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 695

• Message text: There are no phases for depreciation key &1 in ch.of deprec. &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 AC695 - There are no phases for depreciation key &1 in ch.of deprec. &2 ?

  The SAP error message AC695 indicates that there are no phases defined for the specified depreciation key in the specified chart of depreciation. This error typically occurs when you attempt to post a transaction related to asset accounting, and the system cannot find the necessary configuration for the depreciation key.
  
  Cause:
  
  Missing Configuration: The depreciation key specified in the error message does not have any phases defined in the chart of depreciation.
  Incorrect Depreciation Key: The depreciation key being used may not be valid for the chart of depreciation you are working with.
  Customizations: If there have been recent changes or customizations in the asset accounting settings, it may have led to the removal or alteration of the depreciation key phases.
  
  
  Solution:
  
  
  Check Depreciation Key Configuration:
  
  Go to the transaction code OADB (or navigate through the menu: SPRO > Financial Accounting > Asset Accounting > Depreciation > Define Depreciation Keys).
  Look for the depreciation key mentioned in the