How To Fix ACC_AA338 - Chart of depreciation. &1:Parallel currency area &2 has no target area

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 338

• Message text: Chart of depreciation. &1:Parallel currency area &2 has no target area

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message ACC_AA338 - Chart of depreciation. &1:Parallel currency area &2 has no target area ?

  The SAP error message ACC_AA338 indicates that there is an issue with the chart of depreciation configuration in relation to parallel currency areas. Specifically, the error states that a specified parallel currency area does not have a corresponding target area defined in the asset accounting settings.
  Cause:
  
  Missing Configuration: The parallel currency area specified in the error message does not have a corresponding target area defined in the chart of depreciation.
  Incorrect Settings: The settings for the chart of depreciation may not be correctly configured to handle the specified parallel currency area.
  Data Inconsistency: There may be inconsistencies in the asset accounting configuration or data that lead to this error.
  
  Solution:
  
  
  Check Chart of Depreciation Configuration:
  
  Go to the transaction code OAVV (or navigate through the menu: SPRO > Financial Accounting > Asset Accounting > Master Data > Define Chart of Depreciation).
  Verify that the chart of depreciation specified in the error message is correctly configured for the relevant company code and that it includes the necessary parallel currency areas.
  
  
  
  Define Target Areas:
  
  Ensure that the target area for the specified parallel currency area is defined. You can do this by checking the settings for the parallel currency area in the chart of depreciation.
  If the target area is missing, you may need to create it or adjust the existing configuration to include the necessary target area.
  
  
  
  Review Asset Accounting Settings:
  
  Check the asset accounting settings for the company code to ensure that all necessary configurations are in place for both the local and parallel currencies.
  Make sure that the asset classes are correctly assigned to the chart of depreciation and that they support the required currency settings.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for detailed guidance on configuring charts of depreciation and parallel currency areas.
  
  
  
  Testing:
  
  After making the necessary changes, perform tests to ensure that the error no longer occurs and that asset transactions can be processed correctly.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OAVV: Define Chart of Depreciation
  OAYZ: Define Asset Classes
  OAYR: Define Depreciation Areas
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration.
  User Roles: Ensure that you have the necessary authorizations to make changes to the asset accounting configuration.
  
  If the issue persists after following these steps, it may be beneficial to consult with an SAP functional consultant or your organization's SAP support team for further assistance.