How To Fix AU055 - Area &2 is not defined for company code &1

AU055 - Overview

• Message type: E = Error

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

• Message number: 055

• Message text: Area &2 is not defined for company code &1

What causes this issue?

The specifications related to the company code are not defined for
depreciation area &V2& for company code &V1&.

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 these specifications in FI-AA Customizing.

Error message extract from SAP system. Copyright SAP SE.

AU055 - Details

• The SAP error message AU055 indicates that a specific area (in this case, an asset area) is not defined for a particular company code. This error typically arises in the context of Asset Accounting (FI-AA) when trying to perform operations related to asset management, such as posting transactions or running reports.
  
  Cause:
  The error occurs when:
  
  An asset area is referenced in a transaction or report, but it has not been defined for the specified company code.
  The configuration for asset areas in the Asset Accounting module is incomplete or incorrect.
  
  
  Solution:
  To resolve the AU055 error, you need to ensure that the asset area is properly defined for the company code in question. Here are the steps to do this:
  
  
  Access the Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> SAP Reference IMG -> Financial Accounting (New) -> Asset Accounting (FI-AA) -> Integration -> Define Asset Areas
  
  
  
  
  Define the Asset Area:
  
  In the