How To Fix AC696 - Depreciation key &1 in ch. of depreciation &2 not set to active

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 696

• Message text: Depreciation key &1 in ch. of depreciation &2 not set to active

What causes this issue?

Depreciation key &V1& in chart of depreciation &V2& could not be set to
active due to existing errors.

System Response

The depreciation key is saved with 'not active' status.

How to fix this error?

Check the depreciation key in light of the error messages issued.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC696 - Depreciation key &1 in ch. of depreciation &2 not set to active ?

  The SAP error message AC696 indicates that a specific depreciation key is not set to active in the specified chart of depreciation. This error typically arises when you attempt to post a transaction that requires a depreciation key that has not been activated for the relevant chart of depreciation.
  Cause:
  
  Inactive Depreciation Key: The depreciation key specified in the error message is not activated in the chart of depreciation you are using.
  Configuration Issues: There may be a configuration issue where the depreciation key was not properly set up or activated in the system.
  Missing Configuration: The depreciation key may not have been defined for the asset class or the chart of depreciation in question.
  
  Solution:
  To resolve the error AC696, follow these steps:
  
  
  Check Depreciation Key Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to Transaction Code OAYZ (or use the path: Accounting > Asset Accounting > Implementation Guide > Asset Accounting > Depreciation > Define Depreciation Keys).
  Check if the depreciation key mentioned in the error message is listed and ensure it is set to active for the relevant chart of depreciation.
  
  
  
  Activate the Depreciation Key:
  
  If the depreciation key is inactive, you can activate it by selecting the key and changing its status to active.
  Ensure that the key is correctly configured with the necessary parameters (e.g., useful life, method of depreciation).
  
  
  
  Check Chart of Depreciation:
  
  Ensure that the chart of depreciation you are using is correctly assigned to the company code and that it includes the necessary depreciation keys.
  
  
  
  Review Asset Class Settings:
  
  Check the asset class settings to ensure that the depreciation key is assigned to the correct asset class.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, test the configuration by attempting to post the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  OAYZ: Define Depreciation Keys
  OAYD: Define Chart of Depreciation
  OAYE: Assign Depreciation Keys to Asset Classes
  
  
  
  Documentation: Refer to SAP Help documentation for detailed guidance on configuring asset accounting and depreciation keys.
  
  
  Support: If the issue persists after checking the configuration, consider reaching out to your SAP support team or consulting the SAP community for further assistance.
  
  
  By following these steps, you should be able to resolve the AC696 error and ensure that the depreciation key is properly configured and active for your asset accounting processes.