How To Fix ACE004 - No accrual methods exist for &1 &2 &3 &4

ACE004 - Overview

• Message type: E = Error

• Message class: ACE - Nachrichten zur Accrual Engine

• Message number: 004

• Message text: No accrual methods exist for &1 &2 &3 &4

What causes this issue?

No accrual method has been defined for an accrual object in Customizing.
This affects the following accrual object:
External reference of the accrual object: &V1&
External reference of the accrual subobject: &V2&
Accounting principle: &V3&
Accrual type: &V4&

System Response

The system terminates processing.

How to fix this error?

Change the accrual object data.

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 ACE004 - No accrual methods exist for &1 &2 &3 &4 ?

  The SAP error message ACE004 "No accrual methods exist for &1 &2 &3 &4" typically occurs in the context of financial accounting, particularly when dealing with accruals in the Asset Accounting (FI-AA) module. This error indicates that the system cannot find any defined accrual methods for the specified asset or transaction type.
  
  Cause:
  
  Missing Accrual Methods: The primary cause of this error is that there are no accrual methods defined for the specified asset class, transaction type, or company code.
  
  Configuration Issues: The configuration settings in the Asset Accounting module may not be set up correctly, leading to the absence of accrual methods.
  Incorrect Asset Class or Transaction Type: The asset class or transaction type being used may not have been properly configured to include accrual methods.
  
  
  Solution:
  
  
  Define Accrual Methods:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Valuation > Define Accrual Methods.
  Ensure that the necessary accrual methods