How To Fix AC750 - &1: There is no phase 1 yet for depreciation key &2 !

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 750

• Message text: &1: There is no phase 1 yet for depreciation key &2 !

What causes this issue?

There is no assignment yet for phase 1 (starting from depreciation
start) for depreciation key &v2& in chart of depreciation &v1& for
&v3&.

System Response

Data are not saved.

How to fix this error?

Make an assignment for phase 1.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC750 - &1: There is no phase 1 yet for depreciation key &2 ! ?

  The SAP error message AC750 indicates that there is an issue with the depreciation key configuration in the Asset Accounting module. Specifically, it means that the system is trying to process a depreciation calculation for an asset using a depreciation key that has not been fully configured or does not have a defined phase 1.
  Cause:
  
  Missing Configuration: The depreciation key specified in the error message does not have a defined phase 1. This could happen if the depreciation key was created but not fully configured.
  Incorrect Asset Master Data: The asset master data may be using a depreciation key that is not properly set up.
  System Upgrade or Changes: If there have been recent changes or upgrades to the system, it may have affected the configuration of depreciation keys.
  
  Solution:
  
  
  Check Depreciation Key Configuration:
  
  Go to the transaction code OADB (Depreciation Areas) or OAYZ (Depreciation Key) in SAP.
  Look for the depreciation key mentioned in the error message.
  Ensure that phase 1 is defined for the depreciation key. If it is missing, you will need to configure it.
  
  
  
  Define Phase 1:
  
  If phase 1 is not defined, you will need to set it up. This typically involves specifying the method of depreciation, useful life, and other relevant parameters.
  Make sure to save your changes.
  
  
  
  Review Asset Master Data:
  
  Check the asset master data for the asset that is causing the error. Ensure that the correct depreciation key is assigned and that it matches the configuration in the system.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, try to run the depreciation calculation again to see if the error persists.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration settings, refer to SAP documentation or consult with your SAP support team for guidance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OADB: Configuration of Depreciation Areas
  OAYZ: Configuration of Depreciation Keys
  AS02: Change Asset Master Data
  AFAB: Run Depreciation
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to depreciation keys and asset accounting.
  
  
  User Roles: Ensure that you have the necessary authorizations to make changes to asset accounting settings.
  
  
  By following these steps, you should be able to resolve the AC750 error and ensure that your depreciation keys are properly configured for asset accounting in SAP.