How To Fix AJ055 - No rate was found for the period &1 to &2

SAP Error Message - Details

• Message type: E = Error

• Message class: AJ - Billing program

• Message number: 055

• Message text: No rate was found for the period &1 to &2

What causes this issue?

No rate has been found for the period &v1& -- &v2&.

System Response

Billing was canceled because the entire billing period is not covered
by rates. Billing must always be carried out for the entire billing
period. The rates must therefore cover the entire billing period.
Billing period: &v3& -- &v4&

How to fix this error?

Make sure that rates are found for the entire billing period. To do
this, check the rate determination of the installation in the billing
period (Transaction EA00 --> Utilities --> Rate detemination).

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AJ055 - No rate was found for the period &1 to &2 ?

  The SAP error message AJ055 ("No rate was found for the period &1 to &2") typically occurs in the context of asset accounting when the system is unable to find a valid depreciation rate for a specified period. This can happen for various reasons, and understanding the cause is essential for resolving the issue.
  Causes:
  
  Missing Depreciation Key: The asset may not have a depreciation key assigned, or the assigned key does not have a valid rate for the specified period.
  Incorrect Configuration: The configuration for the depreciation area may not be set up correctly, leading to missing rates.
  Period Not Open: The accounting period for which the depreciation is being calculated may not be open in the system.
  Missing Rate in the Table: The rate for the specified period may not be maintained in the relevant tables (e.g., TABA, T003).
  Asset Master Data Issues: The asset master data may be incomplete or incorrect, leading to issues in rate determination.
  
  Solutions:
  
  Check Depreciation Key: Verify that the asset has a valid depreciation key assigned. You can do this by checking the asset master record (transaction code AS03).
  Review Configuration: Ensure that the depreciation area is correctly configured in the system. Check the settings in the Customizing (transaction code SPRO) under Asset Accounting.
  Open Periods: Confirm that the accounting period for the depreciation run is open. You can check this in the transaction code OB52.
  Maintain Rates: If the rate is missing, you may need to maintain it in the relevant configuration tables. This can be done through transaction code OADB or by accessing the appropriate configuration path in SPRO.
  Asset Master Data: Review the asset master data for completeness and correctness. Ensure that all necessary fields are filled out and that the asset is correctly categorized.
  
  Related Information:
  
  Transaction Codes:
  
  AS03: Display Asset
  OADB: Maintain Depreciation Areas
  SPRO: Customizing Implementation Guide
  OB52: Open and Close Posting Periods
  
  
  Tables:
  
  TABA: Depreciation Areas
  T003: Company Code
  
  
  Documentation: Refer to SAP Help documentation for Asset Accounting for detailed information on depreciation keys and configuration.
  
  By following these steps, you should be able to identify the cause of the AJ055 error and implement the necessary solutions to resolve it. If the issue persists, consider reaching out to your SAP support team for further assistance.