How To Fix ACC_AA219 - Company code &1: Parallel area &2 does not exist in asset class &3

ACC_AA219 - Overview

• Message type: E = Error

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

• Message number: 219

• Message text: Company code &1: Parallel area &2 does not exist in asset class &3

What causes this issue?

The parallel depreciation area &V2& is defined in the chart of
depreciation &V4&.
However, the depreciation area does <ZH>not</> exist in the asset class
&V3& of the corresponding company code &V1&.

System Response

A table inconsistency exists in Customizing table <AB>ANKB</>.

How to fix this error?

Inform your system administrator about this table inconsistency.
You must eliminate the inconsistency before installing <LS>SAP S/4HANA
Finance, on-premise edition</>.

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 ACC_AA219 - Company code &1: Parallel area &2 does not exist in asset class &3 ?

  The SAP error message ACC_AA219 indicates that there is an issue with the configuration of asset classes and their associated parallel areas in the Asset Accounting module. Specifically, the error states that a specified parallel area does not exist for a given asset class in the specified company code.
  
  Cause:
  
  Missing Parallel Area Configuration: The parallel area (such as tax or IFRS) that is being referenced does not exist for the specified asset class in the company code.
  Incorrect Asset Class Assignment: The asset class may not be properly configured to include the required parallel areas.
  Data Entry Error: There may be a mistake in the data entry where the asset class or parallel area is incorrectly specified.
  
  
  Solution:
  
  
  Check Asset Class Configuration:
  
  Go to the transaction code OAOA (or navigate through the menu: Accounting > Financial Accounting > Asset Accounting > Master Data > Asset Class > Define Asset Class).
  Verify that the asset class in question