How To Fix AY006 - Company code & is not for Asset Accounting

SAP Error Message - Details

• Message type: E = Error

• Message class: AY - Deprec. simulation - maint. module (AIPS) /gen. master data

• Message number: 006

• Message text: Company code & is not for Asset Accounting

What causes this issue?

Company code &V1& is not set up for Asset Accounting.
Therefore you cannot create depreciation simulation data for this
company code.

System Response

The existing depreciation simulation data for company code &V2&
are deleted.

How to fix this error?

Set up comany code &V1& for Asset Accounting, or use a different
company code when maintaining depreciation simulation data.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AY006 - Company code & is not for Asset Accounting ?

  The SAP error message AY006 indicates that the specified company code is not configured for Asset Accounting (AA). This error typically arises when you attempt to perform asset-related transactions in a company code that has not been set up to handle asset accounting.
  Cause:
  
  Company Code Configuration: The company code in question has not been assigned to Asset Accounting in the system configuration.
  Missing Settings: The necessary settings for Asset Accounting may not have been completed for the company code.
  Incorrect Company Code: The company code entered may be incorrect or may not exist in the system.
  
  Solution:
  To resolve the AY006 error, follow these steps:
  
  
  Check Company Code Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (SAP Project Reference Object) > Enterprise Structure > Definition > Financial Accounting > Define Company Code.
  Ensure that the company code is correctly defined and that it is intended to use Asset Accounting.
  
  
  
  Assign Company Code to Asset Accounting:
  
  In the same SPRO path, navigate to Financial Accounting > Asset Accounting > Integration > Define Company Code for Asset Accounting.
  Check if the company code is listed. If not, you will need to assign it to Asset Accounting.
  
  
  
  Complete Configuration:
  
  Ensure that all necessary configurations for Asset Accounting are completed for the company code, including settings for depreciation areas, asset classes, and other relevant parameters.
  
  
  
  Check Authorization:
  
  Ensure that you have the necessary authorizations to access and modify the settings for Asset Accounting.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration steps, refer to SAP documentation or consult with your SAP Basis or FI consultant for assistance.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OAOA (for Asset Accounting configuration) and OX15 (to check company code settings) to navigate directly to the relevant configuration areas.
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or updates related to this error message.
  Testing: After making the necessary changes, perform a test transaction to ensure that the error is resolved.
  
  By following these steps, you should be able to resolve the AY006 error and successfully configure your company code for Asset Accounting in SAP.