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

SAP Error Message - Details

• 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 assigned to the asset. Ensure that the depreciation area you are trying to use is listed there.
  
  
  
  Update Asset Master Data:
  
  If the depreciation area is missing, you may need to add it. This can be done by using transaction code AS02 (Change Asset Master Record) and updating the relevant depreciation area.
  
  
  
  Review Configuration:
  
  Check the configuration settings for depreciation areas in the Asset Accounting module (transaction code OAYZ). Ensure that the depreciation area is correctly defined and assigned to the relevant company code and chart of depreciation.
  
  
  
  Consult with SAP Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error.
  
  
  
  Check for Migration Issues:
  
  If the asset was migrated from another system, verify that all necessary data, including depreciation areas, was correctly transferred.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  AS03: Display Asset Master Record
  AS02: Change Asset Master Record
  OAYZ: Configuration for Depreciation Areas
  
  
  SAP Notes: Search for relevant SAP Notes in the SAP Support Portal that may address this specific error or provide additional troubleshooting steps.
  Documentation: Review SAP documentation on Asset Accounting for more details on depreciation areas and their configuration.
  
  By following these steps, you should be able to identify the cause of the AY350 error and implement the necessary solution.