How To Fix AW026 - Asset &1 - &2 has no prior-year values for area &3

AW026 - Overview

• Message type: E = Error

• Message class: AW - AuC messages

• Message number: 026

• Message text: Asset &1 - &2 has no prior-year values for area &3

What causes this issue?

You tried to access values from the prior years for an asset under
construction. However, the asset does not have any values.

System Response

Processing is terminated.

How to fix this error?

There is an internal error in the determination of prior-year values.
Contact the SAP Hotline.

Error message extract from SAP system. Copyright SAP SE.

AW026 - Details

• The SAP error message AW026 indicates that there are no prior-year values for a specific asset in a given area. This typically occurs during asset accounting processes, such as when you are trying to perform a transaction that requires historical data for the asset in question.
  
  Cause:
  
  Missing Prior-Year Values: The asset does not have any values recorded for the previous fiscal year in the specified area (e.g., depreciation area).
  New Asset: The asset may have been created recently and does not have any historical data.
  Data Migration Issues: If data was migrated from another system, prior-year values may not have been transferred correctly.
  
  Configuration Issues: The configuration for the asset accounting module may not be set up to handle prior-year values correctly.
  
  
  Solution:
  
  Check Asset Master Data: Review the asset master data to ensure that it has been set up correctly and that the necessary prior-year values are populated.
  Run Year-End Closing: If the fiscal year has