How To Fix ACC_AA350 - Project &1: More than one not similar named ledger group assigned

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 350

• Message text: Project &1: More than one not similar named ledger group assigned

What causes this issue?

A new ledger &V2& is being implemented for several company codes in
project &V1&. Different charts of depreciation are assigned to the
company codes.
However, different accounting principles that refer to the different
ledger groups with the same representative ledger are <ZH>not</> allowed
to be assigned in the charts of depreciation.
If several company codes are assigned in a project for Asset Accounting
and these use different charts of depreciation, then the ledger to be
newly implemented must rather be used in the different company codes in
one and the same ledger group as the representative ledger.
Examples:
You have assigned the target ledger (trgt ldgr) in the project. The
accounting principle is assigned in the chart of depreciation which in
turn is assigned to the ledger group (LG). The ledger group contains a
representative ledger (repr. ldg.).
case,,Permitted?,,Trgt ldgr;,,LG (repr. ldg.),,LG (repr. ldg.)
,, ,, assigned in the project,, in chrt of dep.1,, in chrt of dep.2
Case 1:,,Permitted,,N1,,N1 (N1),,N1 (N1)
Case 2:,,Permitted,,N1,,NX (N1),,NX (N1)
Case 3:,,Not permitted,,N1,,N1 (N1),,NX (N1)
Case 4:,,Not permitted,,N1,,NY (N1),,NX (N1)

System Response

You can<ZH>not</> execute the activity <LS>Complete Preparations</> for
the project.

How to fix this error?

Check which accounting principles (and as such which ledger groups) you
have assigned to the new depreciation areas that should represent your
new valuation. Make sure that the same ledger group is assigned through
the accounting principle in all charts of depreciation assigned
indirectly to the project that should be enhanced with the new
valuation.
Assign a different accounting principle if necessary.

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_AA350 - Project &1: More than one not similar named ledger group assigned ?

  The SAP error message ACC_AA350 indicates that there is an issue with the assignment of ledger groups in the context of Asset Accounting (FI-AA) for a specific project. The message states that more than one ledger group with non-similar names has been assigned to the project, which is not allowed.
  Cause:
  This error typically arises when:
  
  Multiple Ledger Groups: The project has been assigned multiple ledger groups that are not similar in naming or configuration. In SAP, each project should ideally be linked to a single ledger group to avoid confusion in financial reporting and asset management.
  Configuration Issues: There may be a configuration issue in the Asset Accounting settings where the ledger groups are not properly defined or aligned with the project structure.
  Data Entry Errors: During the project setup or asset assignment, incorrect or duplicate entries may have been made, leading to the assignment of multiple ledger groups.
  
  Solution:
  To resolve the ACC_AA350 error, you can follow these steps:
  
  
  Check Project Assignment:
  
  Go to the project definition in SAP and check the assigned ledger groups.
  Ensure that only one ledger group is assigned to the project.
  
  
  
  Review Ledger Group Configuration:
  
  Navigate to the configuration settings for Asset Accounting (Transaction code: SPRO).
  Check the settings for ledger groups and ensure that they are correctly defined and that there are no overlaps or conflicts.
  
  
  
  Correct Data Entries:
  
  If you find that multiple ledger groups have been assigned by mistake, remove the incorrect assignments.
  Ensure that the project is linked to the correct ledger group that aligns with your financial reporting requirements.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to Asset Accounting and project management for any specific guidelines on ledger group assignments.
  
  
  
  Testing:
  
  After making the necessary changes, test the project to ensure that the error no longer appears and that the project functions as expected.
  
  
  
  Seek Help from SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  CJ20N: Project Builder
  OAOA: Define Asset Classes
  OAYZ: Assign Ledger Groups to Asset Classes
  
  
  Documentation: Review SAP Help Portal for detailed information on Asset Accounting and project management.
  User Roles: Ensure that you have the necessary authorizations to make changes to project assignments and ledger groups.
  
  By following these steps, you should be able to identify and resolve the cause of the ACC_AA350 error in SAP.