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

FAA_CFG_CHECK003 - Overview

• 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