How To Fix AK502 - Areas manage different currencies; transfer not possible

AK502 - Overview

• Message type: E = Error

• Message class: AK - Group asset posting messages (SAPLAMUS)

• Message number: 502

• Message text: Areas manage different currencies; transfer not possible

What causes this issue?

A transfer between depreciation areas can only take place between areas
that manage the same currency. The retiring depreciation area &V1&,
however, uses a different currency than acquiring depreciation area
&V2&.

How to fix this error?

Check the Customizing definitions of the depreciation areas involved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AK502 - Areas manage different currencies; transfer not possible ?

  The SAP error message AK502, which states "Areas manage different currencies; transfer not possible," typically occurs in the context of asset accounting when there is an attempt to transfer an asset between different areas (e.g., from one depreciation area to another) that are set up to manage different currencies. This can happen during asset transfers, retirements, or other transactions involving asset accounting.
  
  Cause:
  
  Different Currency Settings: The asset is assigned to different depreciation areas that are configured to use different currencies. For example, one area may be set to manage assets in local currency, while another may be set to manage in a foreign currency.
  
  Configuration Issues: The configuration of the asset accounting settings may not allow for transfers between areas with different currencies.
  Transaction Type: The type of transaction being performed may not support currency conversion or transfer between areas with different currencies.
  
  
  Solution:
  
  
  Check Depreciation Areas: Review the configuration of the depreciation areas involved