How To Fix CNV_40301052 - Asset account determ. &1 does not exist. Description will not be created

SAP Error Message - Details

• Message type: E = Error

• Message class: CNV_40301 - Message class for package 40301 (KTOGR)

• Message number: 052

• Message text: Asset account determ. &1 does not exist. Description will not be created

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message CNV_40301052 - Asset account determ. &1 does not exist. Description will not be created ?

  The SAP error message CNV_40301052 indicates that there is an issue with the asset account determination in the system. Specifically, it means that the asset account specified in the configuration does not exist in the system, which prevents the creation of a description for the asset.
  Cause:
  
  Missing Account: The asset account that is being referenced in the configuration does not exist in the chart of accounts.
  Incorrect Configuration: The configuration settings for asset accounting may be incorrect or incomplete.
  Data Migration Issues: If this error occurs during a data migration process, it may be due to missing or incorrect mapping of accounts.
  
  Solution:
  
  
  Check Account Existence:
  
  Go to the transaction code OB52 (or the relevant transaction for your version) to check if the asset account exists in the chart of accounts.
  If it does not exist, you will need to create it using transaction code FS00 (Create G/L Account).
  
  
  
  Review Configuration:
  
  Navigate to the configuration settings for asset accounting (transaction code SPRO).
  Ensure that the asset account determination settings are correctly configured. This includes checking the account determination for asset classes and ensuring that all necessary accounts are defined.
  
  
  
  Data Migration:
  
  If this error occurs during a data migration process, review the mapping of asset accounts in the migration tool or program you are using.
  Ensure that all asset accounts referenced in the migration data are valid and exist in the target system.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to asset accounting and account determination for any specific guidance or updates that may be relevant to your version of SAP.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test to ensure that the error no longer occurs and that asset descriptions can be created successfully.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB52: Open and Close Posting Periods
  FS00: Create G/L Account
  SPRO: SAP Reference IMG (Implementation Guide)
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  
  
  Documentation: Review the SAP Help Portal for detailed information on asset accounting and account determination processes.
  
  
  By following these steps, you should be able to resolve the error CNV_40301052 and ensure that asset account determination is functioning correctly in your SAP system.