How To Fix ACC_AA218 - Company code &1: Parallel currency area &2 not in asset master record

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 218

• Message text: Company code &1: Parallel currency area &2 not in asset master record

What causes this issue?

Depreciation area &V2& is defined in chart of depreciation &V4& as the
parallel currency area for depreciation area &V3&.
However, this parallel currency area does <ZH>not</> exist in the asset
master record of company code &V1& even though the base depreciation
area &V3& exists in the asset master record.

System Response

You are <ZH>not</> allowed to install <LS>SAP S/4HANA Finance,
on-premise edition</>. The document migration would <ZH>not</> be
possible.

How to fix this error?

If you are migrating from classic Asset Accounting to new Asset
Accounting in <LS>SAP S/4HANA Finance, on-premise edition</>, then you
must implement the missing parallel currency area before the
installation of <LS>SAP S/4HANA Finance, on-premise edition</> in the
asset master record and determine the values for this depreciation area.
To determine the values, use program <LS>Automatic Opening of a New
Depreciation Area</> (<DS:RE.RAFABNEW>RAFABNEW</>).

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

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message ACC_AA218 - Company code &1: Parallel currency area &2 not in asset master record ?

  The SAP error message ACC_AA218 indicates that there is an issue with the asset master record in relation to parallel currencies. Specifically, it means that the specified company code and parallel currency area do not have the necessary configuration in the asset master record.
  Cause:
  
  Missing Configuration: The asset master record does not have the required parallel currency area defined. This can happen if the asset was created without specifying the parallel currency or if the configuration for the parallel currency area is incomplete.
  Incorrect Settings: The company code settings may not be aligned with the asset master record settings, leading to discrepancies.
  Data Entry Error: There may have been an error during the data entry process when creating or modifying the asset master record.
  
  Solution:
  
  
  Check Asset Master Record: 
  
  Go to the asset master record (transaction code AS02 or AS03) and verify if the parallel currency area is correctly defined.
  Ensure that the currency settings in the asset master record match the company code settings.
  
  
  
  Update Asset Master Record:
  
  If the parallel currency area is missing, you can add it by editing the asset master record. Make sure to enter the correct parallel currency and its corresponding values.
  
  
  
  Review Company Code Settings:
  
  Check the configuration of the company code in the Asset Accounting (AA) settings. Ensure that the parallel currency area is properly configured in the company code settings (transaction code OAYZ).
  
  
  
  Consult with SAP Support: 
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting SAP documentation for further assistance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  AS02: Change Asset Master Record
  AS03: Display Asset Master Record
  OAYZ: Configure Company Code for Asset Accounting
  
  
  
  Documentation: Refer to SAP Help Portal for detailed information on Asset Accounting and parallel currencies.
  
  
  Configuration Steps: Ensure that the parallel currency settings are correctly configured in the Asset Accounting customizing settings (transaction code SPRO).
  
  
  By following these steps, you should be able to resolve the ACC_AA218 error and ensure that your asset master records are correctly configured for parallel currencies.