How To Fix AY160 - No depreciation area in company code & allows group assets.

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 160

• Message text: No depreciation area in company code & allows group assets.

What causes this issue?

You cannot create group assets in company code &v1&. There are no
depreciation areas that can manage group assets in this company code.

How to fix this error?

Make sure that you really want to create a group asset in company code
&v1&.
If so, then allow group assets in the desired depreciation areas.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AY160 - No depreciation area in company code & allows group assets. ?

  The SAP error message AY160 "No depreciation area in company code & allows group assets" typically occurs when there is an issue with the configuration of depreciation areas in the Asset Accounting (FI-AA) module. This error indicates that the system cannot find a valid depreciation area for the specified company code that allows for group assets.
  Cause:
  
  Missing Configuration: The depreciation area for the specified company code is not configured correctly or is missing entirely.
  Incorrect Settings: The settings for the depreciation area may not allow for group assets, which is necessary for the transaction you are trying to perform.
  Company Code Issues: The company code may not be properly linked to the relevant depreciation areas.
  Asset Class Configuration: The asset class may not be set up to allow for group assets.
  
  Solution:
  To resolve the AY160 error, follow these steps:
  
  
  Check Depreciation Area Configuration:
  
  Go to the transaction code OAYZ (or navigate through the menu: SPRO > Financial Accounting > Asset Accounting > Integration with General Ledger > Define Depreciation Areas).
  Ensure that the depreciation area is defined for the relevant company code and that it is set to allow group assets.
  
  
  
  Verify Company Code Settings:
  
  Use transaction code OBC4 to check the settings for the company code.
  Ensure that the company code is correctly linked to the necessary depreciation areas.
  
  
  
  Review Asset Class Settings:
  
  Go to transaction code OAOA to check the asset class configuration.
  Ensure that the asset class is set up to allow for group assets and that it is linked to the correct depreciation areas.
  
  
  
  Check for Missing Entries:
  
  If you have recently created a new company code or asset class, ensure that all necessary entries in the configuration are completed.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for any specific configurations that may be required for your organization.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OAYZ: Define Depreciation Areas
  OBC4: Company Code Settings
  OAOA: Asset Class Configuration
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  User Roles: Ensure that you have the necessary authorizations to make changes to the configuration settings.
  
  If the issue persists after following these steps, it may be beneficial to consult with an SAP FI-AA consultant or your internal SAP support team for further assistance.