How To Fix AU037 - Asset &1-&2 in company code &3 (error in determining base ins. value)

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 037

• Message text: Asset &1-&2 in company code &3 (error in determining base ins. value)

What causes this issue?

An error occurred during determination of the base insurable value for
asset &V1&-&V2& in company code &V3&. The base insurable value for this
asset could not be updated.
Usually missing index figures are the cause for this error.

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?

Check the insurance specifications using master data maintenance. You
should analyze the error by using the <LS>fiscal year change</>
function in the screen for the insurance specifications.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AU037 - Asset &1-&2 in company code &3 (error in determining base ins. value) ?

  The SAP error message AU037 indicates that there is an issue with determining the base insurance value for an asset in a specific company code. This error typically arises during asset accounting processes, particularly when trying to calculate or display insurance values for fixed assets.
  Cause:
  The error can be caused by several factors, including:
  
  Missing or Incorrect Configuration: The insurance value may not be properly configured in the asset master data or in the relevant settings for the company code.
  Incomplete Asset Master Data: Required fields in the asset master data may be missing or incorrectly filled out, leading to issues in calculating the base insurance value.
  Valuation Area Issues: The valuation area may not be set up correctly, or there may be inconsistencies between the asset and the valuation area.
  Depreciation Areas: The depreciation areas may not be configured correctly, or there may be issues with the settings related to insurance values in the depreciation area.
  Data Consistency Issues: There may be inconsistencies in the data related to the asset, such as incorrect or missing entries in related tables.
  
  Solution:
  To resolve the AU037 error, you can take the following steps:
  
  
  Check Asset Master Data:
  
  Go to the asset master record (transaction code AS03) and verify that all required fields are filled out correctly, especially those related to insurance values.
  Ensure that the insurance value is maintained in the asset master data.
  
  
  
  Review Configuration Settings:
  
  Check the configuration settings for asset accounting in the SAP system (transaction code SPRO). Ensure that the settings for insurance values are correctly defined for the company code in question.
  Verify that the valuation area is set up correctly and that it corresponds to the asset.
  
  
  
  Validate Depreciation Areas:
  
  Review the depreciation areas associated with the asset and ensure that they are configured to handle insurance values correctly.
  
  
  
  Run Consistency Checks:
  
  Use transaction code ABAVN to run consistency checks on the asset to identify any discrepancies or missing data.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on the AU037 error and related asset accounting processes.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance, providing them with the error details and any relevant configuration settings.
  
  
  
  Related Information:
  
  Transaction Codes: AS03 (Display Asset), SPRO (Customizing), ABAVN (Asset Accounting: Consistency Check).
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Asset Accounting Configuration: Familiarize yourself with the configuration settings for asset accounting in SAP, as this will help in understanding how insurance values are determined.
  
  By following these steps, you should be able to identify and resolve the underlying issue causing the AU037 error in your SAP system.