How To Fix CRM_LEAS_AFA003 - No valid basis is defined for depreciation &1 &2 &3

CRM_LEAS_AFA003 - Overview

• Message type: E = Error

• Message class: CRM_LEAS_AFA - Depreciation

• Message number: 003

• Message text: No valid basis is defined for depreciation &1 &2 &3

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message CRM_LEAS_AFA003 - No valid basis is defined for depreciation &1 &2 &3 ?

  The SAP error message CRM_LEAS_AFA003 indicates that there is no valid basis defined for depreciation for the specified asset or lease. This error typically occurs in the context of Asset Accounting (FI-AA) or Lease Management (CRM) when the system is trying to calculate depreciation for an asset or lease that lacks the necessary configuration.
  
  Cause:
  
  Missing Depreciation Key: The asset or lease may not have a valid depreciation key assigned, which is necessary for calculating depreciation.
  Incorrect Configuration: The configuration for the asset class or lease type may not be set up correctly, leading to the absence of a valid basis for depreciation.
  Asset Master Data Issues: The asset master data may be incomplete or incorrectly maintained, lacking necessary information for depreciation calculation.
  Depreciation Areas: The depreciation areas may not be properly defined or activated for the asset or lease in question.
  
  
  Solution:
  
  
  Check Asset Master Data:
  
  Go to the asset master record (transaction code AS03) and verify