How To Fix ACRSL003 - &1: There is no phase 1 yet for depreciation key &2 !

SAP Error Message - Details

• Message type: E = Error

• Message class: ACRSL - Messages for Depreciation Keys and Calculation Methods

• Message number: 003

• Message text: &1: There is no phase 1 yet for depreciation key &2 !

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message ACRSL003 - &1: There is no phase 1 yet for depreciation key &2 ! ?

  The SAP error message ACRSL003 indicates that there is an issue related to the depreciation key in the Asset Accounting module. Specifically, it means that there is no phase 1 defined for the specified depreciation key. This can occur when trying to post or process asset transactions that require a depreciation calculation, but the necessary configuration for the depreciation key is incomplete.
  Cause:
  
  Missing Configuration: The depreciation key specified in the error message does not have a phase 1 defined in the system. This could be due to incorrect or incomplete configuration in the Asset Accounting settings.
  Incorrect Depreciation Key: The depreciation key being used may not be valid or may not have been set up correctly in the system.
  Customizations: If there are customizations or changes made to the depreciation keys, it might lead to this error if the necessary phases are not defined.
  
  Solution:
  
  
  Check Depreciation Key Configuration:
  
  Go to the configuration settings for Asset Accounting in SAP.
  Navigate to the section for defining depreciation keys (Transaction code: OADB).
  Verify that the depreciation key in question has a phase 1 defined. If it does not, you will need to create or modify the depreciation key to include the necessary phases.
  
  
  
  Define Phase 1:
  
  If the depreciation key is missing phase 1, you can define it by specifying the necessary parameters such as the method of depreciation, useful life, and other relevant settings.
  
  
  
  Review Asset Master Data:
  
  Check the asset master data to ensure that the correct depreciation key is assigned to the asset. If the wrong key is assigned, update it to the correct one.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for further details on how to configure depreciation keys and the implications of missing phases.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OADB: Configuration for Depreciation Keys
  AS01: Create Asset
  AS02: Change Asset
  AS03: Display Asset
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuring depreciation keys.
  User Roles: Ensure that you have the necessary authorizations to make changes to asset accounting settings.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant specializing in Asset Accounting for further assistance.