How To Fix EG747 - The specified replacement year is too late (renewal based on dev. cat.)

SAP Error Message - Details

• Message type: E = Error

• Message class: EG - IS-U device management

• Message number: 747

• Message text: The specified replacement year is too late (renewal based on dev. cat.)

What causes this issue?

You have specified a replacement year that is later than year derived
from the last certification year and the renewal period for the device
category.

System Response

How to fix this error?

Correct your entries.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message EG747 - The specified replacement year is too late (renewal based on dev. cat.) ?

  The SAP error message EG747, "The specified replacement year is too late (renewal based on dev. cat.)", typically occurs in the context of asset accounting when you are trying to perform a transaction related to asset replacement or renewal, and the specified replacement year exceeds the allowable limits set in the system.
  Cause:
  
  Replacement Year Exceeds Limits: The error indicates that the replacement year you are trying to enter is beyond the maximum allowable year defined in the system settings. This can happen if the asset's useful life or depreciation category has been set in such a way that it does not allow for a replacement year that far into the future.
  Configuration Issues: The configuration settings for asset accounting, particularly in relation to the development category (dev. cat.), may not be set up correctly, leading to this error.
  Data Entry Error: It could also be a simple data entry mistake where the year entered is incorrect.
  
  Solution:
  
  Check Replacement Year: Verify the replacement year you are trying to enter. Ensure that it is within the acceptable range defined in your asset accounting settings.
  Review Asset Configuration: Check the configuration of the asset in question, particularly the development category settings. Ensure that the useful life and depreciation parameters are correctly defined.
  Adjust Settings: If necessary, adjust the configuration settings in the asset accounting module to allow for the desired replacement year. This may involve changing the useful life or the parameters associated with the development category.
  Consult Documentation: Refer to SAP documentation or your organization's SAP support team for specific guidelines on how to adjust the settings related to asset replacement and development categories.
  Data Entry Correction: If the error is due to incorrect data entry, correct the year and try the transaction again.
  
  Related Information:
  
  Asset Accounting Configuration: Familiarize yourself with the configuration settings in SAP for asset accounting, particularly the areas related to useful life, depreciation methods, and development categories.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP frequently updates its system, and there may be specific notes addressing this error.
  User Roles and Permissions: Ensure that you have the necessary permissions to make changes to asset accounting settings, as some configurations may be restricted to certain user roles.
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Asset Accounting for further assistance.