How To Fix FAA_CFG_CHECK003 - CoCode &1: None of the ledgers assigned to AccPr &2 is active in FI-AA

SAP Error Message - Details

• Message type: E = Error

• Message class: FAA_CFG_CHECK - Message Class for consistency check of CFG objects

• Message number: 003

• Message text: CoCode &1: None of the ledgers assigned to AccPr &2 is active in FI-AA

What causes this issue?

In company code &V1&, there is at least one ledger assigned to
accounting principle &V2&.
But none of the ledgers is active in Asset Accounting.

System Response

If you execute the consistency check program for Customizing in
Asset Accounting (<AB>FAA_CFG_CHECK</>), the system issues this error
message.
If you make changes in Customizing, they cannot be saved.
If you post a document, the posting is rejected.

How to fix this error?

Check the ledger assigned to your company code. A depreciation area
needs to be assigned to at least one of the ledgers assigned to
accounting principle &V2& in company code &V1&.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FAA_CFG_CHECK003 - CoCode &1: None of the ledgers assigned to AccPr &2 is active in FI-AA ?

  The SAP error message FAA_CFG_CHECK003 indicates that there is a configuration issue related to the Asset Accounting (FI-AA) module. Specifically, it means that none of the ledgers assigned to the specified accounting principle (AccPr) are active for the specified company code (CoCode). 
  Cause:
  
  Inactive Ledgers: The ledgers that are assigned to the accounting principle for the specified company code are not active. This could happen if the ledgers were deactivated or not properly configured.
  Configuration Issues: There may be a misconfiguration in the settings for the company code or the accounting principles in the Asset Accounting module.
  Missing Assignments: The accounting principle may not have any ledgers assigned to it, or the assignments may not be correctly set up.
  
  Solution:
  
  
  Check Ledger Activation:
  
  Go to the configuration settings for Asset Accounting (Transaction code: SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Integration > Define Accounting Principles.
  Check the accounting principles assigned to the company code and ensure that at least one ledger is active.
  
  
  
  Activate Ledgers:
  
  If the ledgers are inactive, you will need to activate them. This can be done in the same configuration area where you checked the ledger assignments.
  
  
  
  Review Assignments:
  
  Ensure that the accounting principle is correctly assigned to the company code and that the necessary ledgers are linked to the accounting principle.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for any specific steps or additional configuration that may be required for your version of SAP.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error message no longer appears.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OADB (for defining accounting principles) and OAMK (for managing asset accounting).
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles: Ensure that you have the necessary authorizations to make changes in the configuration settings.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP FI-AA for further assistance.