How To Fix AY350 - Depreciation area &1 does not exist in the original asset.

AY350 - Overview

• Message type: E = Error

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

• Message number: 350

• Message text: Depreciation area &1 does not exist in the original asset.

What causes this issue?

In the chart of depreciation of the target asset, depreciation area
&V1& is an area that must be transferred historically. However, this
depreciation area does not exist in the chart of depreciation of the
original asset.

System Response

The area is not transferred historically. Depending on the settings
in Customizing,
the revenue amount is posted from the master depreciation area
no amount can be posted.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AY350 - Depreciation area &1 does not exist in the original asset. ?

  The SAP error message AY350 indicates that there is an issue with the depreciation area specified in the asset accounting module. Specifically, it means that the depreciation area you are trying to use does not exist for the original asset. This can occur during various transactions, such as asset postings, transfers, or when trying to run depreciation.
  
  Cause:
  
  Missing Depreciation Area: The specified depreciation area is not defined for the asset in question.
  Incorrect Asset Configuration: The asset may not have been set up correctly, or the depreciation area may not have been assigned during asset creation.
  Data Migration Issues: If assets were migrated from another system, there may have been issues in transferring the depreciation area data.
  Changes in Configuration: Changes in the configuration of depreciation areas in the asset accounting settings may have led to this error.
  
  
  Solution:
  
  
  Check Asset Master Data:
  
  Go to the asset master record (transaction code AS03) and check the depreciation areas