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

SAP Error Message - Details

• 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 is correctly set up and includes the necessary parallel areas.
  
  
  
  Define Parallel Areas:
  
  If the required parallel area does not exist, you can create it by going to transaction code OAYZ (or navigate through the menu: Accounting > Financial Accounting > Asset Accounting > Master Data > Parallel Valuation > Define Parallel Valuation Areas).
  Ensure that the parallel area is correctly assigned to the asset class.
  
  
  
  Review Company Code Settings:
  
  Check the company code settings to ensure that the asset class and parallel area are correctly linked. This can be done in transaction code OAYZ as well.
  
  
  
  Data Entry Verification:
  
  Review the data entry for the asset to ensure that the correct asset class and parallel area are being used.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration, refer to SAP documentation or consult with your SAP support team for guidance on setting up asset classes and parallel areas.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OAOA: Define Asset Class
  OAYZ: Define Parallel Valuation Areas
  
  
  Asset Accounting Configuration: Understanding the configuration of asset classes and parallel valuation is crucial for proper asset management in SAP.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues or provide additional guidance related to this error message.
  
  By following these steps, you should be able to resolve the ACC_AA219 error and ensure that your asset accounting setup is correctly configured.