How To Fix ACC_AA116 - Parallel crcy area (crcy type &1) missing for area &3 ch. of deprec. &2

SAP Error Message - Details

• Message type: E = Error

• Message class: ACC_AA - Message Class for Function Group ACC_AA

• Message number: 116

• Message text: Parallel crcy area (crcy type &1) missing for area &3 ch. of deprec. &2

INCLUDE ACC_AA_PARALLEL_CURR_SLO OBJECT DOKU ID TX

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 ACC_AA116 - Parallel crcy area (crcy type &1) missing for area &3 ch. of deprec. &2 ?

  The SAP error message ACC_AA116 indicates that there is a missing parallel currency area for a specific currency type in the context of asset accounting. This error typically arises when you are trying to perform an operation related to asset depreciation, and the system cannot find the necessary configuration for the specified currency type in the given area.
  Cause:
  
  Missing Configuration: The parallel currency area for the specified currency type is not configured in the asset accounting settings.
  Incorrect Settings: The settings for the asset accounting area may not be correctly defined, leading to the absence of the required currency type.
  Data Entry Error: There may be a mistake in the data entry where the currency type or area is incorrectly specified.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the Asset Accounting configuration in the SAP system.
  Navigate to the settings for the relevant company code and asset area.
  Ensure that the parallel currency area is defined for the specified currency type.
  
  
  
  Define Parallel Currency:
  
  If the parallel currency area is missing, you can define it by going to the following path in the SAP menu:
  
  SPRO ? Financial Accounting ? Asset Accounting ? Integration ? Define Parallel Currencies.
  
  
  Here, you can add the necessary currency types for the asset area in question.
  
  
  
  Review Asset Master Data:
  
  Check the asset master data to ensure that the asset is correctly assigned to the appropriate currency area.
  Make sure that the asset is set up to use the correct currency types.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for additional guidance on configuring parallel currencies in asset accounting.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Currency Types: In SAP, currency types are used to define how different currencies are handled in financial transactions. Common types include local currency, group currency, and hard currency.
  Asset Accounting Areas: Each asset accounting area can have different settings for depreciation, currency, and other parameters. It is essential to ensure that all areas are correctly configured.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) to manage asset data effectively.
  
  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.