How To Fix FAA_ASSET_MAN_MSG004 - Error in plan value calculation for fiscal year &1 occurred


SAP Error Message - Details

  • Message type: E = Error

  • Message class: FAA_ASSET_MAN_MSG - Messages for Asset

  • Message number: 004

  • Message text: Error in plan value calculation for fiscal year &1 occurred

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  • 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 FAA_ASSET_MAN_MSG004 - Error in plan value calculation for fiscal year &1 occurred ?

    The SAP error message FAA_ASSET_MAN_MSG004, which indicates "Error in plan value calculation for fiscal year &1 occurred," typically arises in the context of Asset Accounting (FI-AA) when there is an issue with the planning values for fixed assets. This error can occur during various processes, such as during the execution of the asset planning functions or when trying to generate reports related to asset values.

    Causes:

    1. Incorrect Configuration: There may be issues with the configuration of the asset accounting module, such as incorrect settings in the asset master data or planning parameters.
    2. Missing Data: Required data for the asset or the fiscal year may be missing or incomplete, leading to calculation errors.
    3. Inconsistent Data: There may be inconsistencies in the data related to the asset, such as discrepancies between planned and actual values.
    4. Technical Issues: There could be underlying technical issues, such as problems with the database or the application server.

    Solutions:

    1. Check Asset Master Data: Review the asset master data for completeness and correctness. Ensure that all required fields are filled out and that the data is consistent.
    2. Review Planning Parameters: Verify the planning parameters and settings in the Asset Accounting configuration. Ensure that they are set up correctly for the fiscal year in question.
    3. Run Consistency Checks: Use transaction codes like AS02 (Change Asset) or AS03 (Display Asset) to check for inconsistencies in the asset data. You can also run the program for consistency checks in Asset Accounting.
    4. Check for Missing Entries: Ensure that all necessary entries for the fiscal year are present in the planning tables. If any entries are missing, they may need to be created or corrected.
    5. Review Logs: Check the application logs (transaction SLG1) for more detailed error messages that can provide additional context about the issue.
    6. Consult SAP Notes: Look for relevant SAP Notes that may address this specific error. SAP frequently releases notes that provide fixes or workarounds for known issues.
    7. Contact SAP Support: If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.

    Related Information:

    • Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) for managing asset data.
    • Documentation: Review SAP documentation related to Asset Accounting and planning processes to understand the expected configurations and data requirements.
    • User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.

    By following these steps, you should be able to identify the root cause of the FAA_ASSET_MAN_MSG004 error and implement a solution to resolve it.

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