How To Fix AU070 - Asset &1-&2 in company code &2 (depreciation incomplete)

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 070

• Message text: Asset &1-&2 in company code &2 (depreciation incomplete)

What causes this issue?

The planned depreciation was not completely posted to Financial
Accounting for asset &V1&-&V2& in company code &V3& in depreciation
area &V4&.

System Response

Year-end closing cannot be carried out for company code &V3&.

How to fix this error?

Post the depreciaton using the appropriate posting program
<LS>(Periodic processing)</> in Financial Accounting. Then start a
repeat run for this asset, if necessary.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AU070 - Asset &1-&2 in company code &2 (depreciation incomplete) ?

  The SAP error message AU070 indicates that there is an issue with the depreciation of an asset in a specific company code. The message typically states that the depreciation for the asset has not been completed, which can prevent further processing of financial transactions related to that asset.
  Cause:
  The error can occur due to several reasons, including:
  
  Incomplete Depreciation Run: The depreciation run for the asset has not been executed or completed for the specified period.
  Locked Periods: The period for which depreciation is to be posted may be locked, preventing the system from processing the depreciation.
  Missing Configuration: There may be missing or incorrect configuration settings in the asset accounting module.
  Errors in Asset Master Data: There could be issues with the asset master data that prevent depreciation from being calculated correctly.
  Posting Period Issues: The posting period may not be open for the depreciation posting.
  
  Solution:
  To resolve the AU070 error, you can take the following steps:
  
  
  Check Depreciation Run:
  
  Go to the transaction code AFAB (Run Depreciation) and check if the depreciation run has been executed for the relevant period.
  If it has not been executed, run the depreciation for the asset.
  
  
  
  Review Posting Periods:
  
  Check the posting periods in the transaction code OB52 to ensure that the period for which you are trying to post depreciation is open.
  If the period is closed, you may need to open it or post the depreciation in an open period.
  
  
  
  Verify Asset Master Data:
  
  Use transaction code AS03 to display the asset master data and ensure that all necessary fields are correctly filled out.
  Check for any inconsistencies or missing information that could affect depreciation.
  
  
  
  Check Configuration Settings:
  
  Review the configuration settings in the Asset Accounting module to ensure that everything is set up correctly.
  This includes checking the depreciation areas, methods, and other related settings.
  
  
  
  Run Reports:
  
  Use reports such as S_ALR_87011963 (Asset History Sheet) or S_ALR_87011990 (Asset Balances) to analyze the asset's status and identify any discrepancies.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help notes related to asset accounting for additional troubleshooting steps.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  AFAB: Run Depreciation
  AS03: Display Asset Master Data
  OB52: Open and Close Posting Periods
  S_ALR_87011963: Asset History Sheet
  S_ALR_87011990: Asset Balances
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to the AU070 error.
  
  
  By following these steps, you should be able to identify the cause of the AU070 error and implement the necessary solutions to resolve it. If the issue persists, consider reaching out to your SAP support team for further assistance.