How To Fix AU003 - Enter a defined chart of depreciation

SAP Error Message - Details

• Message type: E = Error

• Message class: AU - FI-AA utility program error messages

• Message number: 003

• Message text: Enter a defined chart of depreciation

What causes this issue?

Chart of depreciation &V1& that you entered is either not defined or it
is a reference chart of depreciation.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Correct your entry.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AU003 - Enter a defined chart of depreciation ?

  The SAP error message AU003, which states "Enter a defined chart of depreciation," typically occurs in the Asset Accounting (FI-AA) module when a user attempts to perform an action related to asset management without having a valid chart of depreciation defined for the company code in question.
  Cause:
  
  Missing Chart of Depreciation: The most common cause of this error is that the chart of depreciation has not been assigned to the company code in the configuration settings.
  Incorrect Configuration: The chart of depreciation may be incorrectly configured or not properly linked to the relevant company code.
  User Input Error: The user may have entered an incorrect or non-existent chart of depreciation when trying to create or modify an asset.
  
  Solution:
  To resolve the AU003 error, follow these steps:
  
  
  Check Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (SAP Project Reference Object) > Financial Accounting (New) > Asset Accounting > Integration > Define Chart of Depreciation.
  Ensure that a chart of depreciation is defined and that it is correctly assigned to the relevant company code.
  
  
  
  Assign Chart of Depreciation:
  
  If the chart of depreciation is not assigned, you can assign it by going to SPRO > Financial Accounting (New) > Asset Accounting > Integration > Assign Chart of Depreciation to Company Code.
  Select the appropriate company code and assign the defined chart of depreciation.
  
  
  
  Verify User Input:
  
  When creating or modifying an asset, ensure that the correct chart of depreciation is selected in the asset master data.
  
  
  
  Check Authorization:
  
  Ensure that the user has the necessary authorizations to access and modify asset accounting settings.
  
  
  
  Consult Documentation:
  
  If the issue persists, consult the SAP documentation or reach out to your SAP support team for further assistance.
  
  
  
  Related Information:
  
  Chart of Depreciation: This is a key component in asset accounting that defines the rules for depreciation calculations, including methods, rates, and periods.
  Company Code: This is the smallest organizational unit in SAP for which a complete self-contained set of accounts can be drawn up.
  Asset Master Data: This includes all the information related to an asset, including its value, location, and depreciation details.
  
  By following these steps, you should be able to resolve the AU003 error and continue with your asset accounting tasks in SAP.