How To Fix AW217 - No area exists for cost accounting valuation

AW217 - Overview

• Message type: E = Error

• Message class: AW - AuC messages

• Message number: 217

• Message text: No area exists for cost accounting valuation

What causes this issue?

You need to have at least one depreciation area that manages values for
cost accounting. The values from this depreciation area always have to
be capitalized 100%. Therefore, no version can be
assigned to this area. The area can be the book depreciation area, or
an area that has a cost-accounting area type.
One of these reasons could explain the error:
If your company code currency is different from your controlling area
currency and you do not use a capitalization version in the book
depreciation area, you need an area which is designated as a
cost-accounting area (area type 7) and is managed in controlling area
currency.
If your company code currency is different from your controlling area
currency and you do use a capitalization version in the book
depreciation area, you need an area which is designated as a
cost-accounting area (area type 7) and is managed in company code
currency, and a further area which adopts values from this area and is
managed in controlling area currency.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

How to fix this error?

Please check
the definition of your depreciation areas
the active depreciation areas of your asset classes for assets
under construction.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AW217 - No area exists for cost accounting valuation ?

  The SAP error message AW217 ("No area exists for cost accounting valuation") typically occurs when there is an issue with the configuration of the controlling area or the valuation areas in the system. This error is often encountered during the execution of transactions related to cost accounting, such as when trying to post costs or perform assessments.
  
  Cause:
  
  Missing Configuration: The controlling area may not be properly configured to have a cost accounting area defined.
  Inactive Cost Accounting Area: The cost accounting area might be inactive or not assigned to the relevant company code.
  Valuation Area Not Defined: The valuation area for the cost accounting might not be defined in the system.
  Master Data Issues: The master data for the cost centers, internal orders, or other cost objects may not be set up correctly.
  
  
  Solution:
  
  
  Check Controlling Area Configuration:
  
  Go to the SPRO transaction (SAP Reference IMG).
  Navigate to Controlling > General Controlling > Master Data > Cost Center