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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message AU055 - Area &2 is not defined for company code &1 ?

  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 "Define Asset Areas" section, check if the asset area you are trying to use is listed for the specified company code.
  If it is not defined, you will need to create a new entry for that asset area and link it to the company code.
  
  
  
  Check Existing Configurations:
  
  Ensure that the asset area is correctly configured with the necessary settings, such as depreciation areas, posting rules, and other relevant parameters.
  
  
  
  Save Changes:
  
  After making the necessary changes, save your configuration.
  
  
  
  Test the Transaction:
  
  Retry the transaction that caused the error to see if the issue has been resolved.
  
  
  
  Related Information:
  
  Asset Areas: Asset areas are used in SAP to manage different types of assets and their respective accounting treatments. Each asset area can have its own set of rules for depreciation, capitalization, and reporting.
  Company Code: A company code is the smallest organizational unit in SAP for which a complete self-contained set of accounts can be drawn up. Each company code can have its own asset areas.
  Transaction Codes: You may use transaction codes like OAOA (for defining asset areas) or OAYZ (for assigning asset areas to company codes) to navigate directly to the relevant configuration screens.
  
  If the problem persists after following these steps, it may be necessary to consult with your SAP administrator or a functional consultant who specializes in Asset Accounting for further assistance.