How To Fix FAA_CFG_CHECK205 - AssetCl &1: Assigned valuation view &2 is not assigned to Acc Princ. &3

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 205

• Message text: AssetCl &1: Assigned valuation view &2 is not assigned to Acc Princ. &3

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FAA_CFG_CHECK205 - AssetCl &1: Assigned valuation view &2 is not assigned to Acc Princ. &3 ?

  The SAP error message FAA_CFG_CHECK205 typically occurs in the context of Asset Accounting (FI-AA) when there is a configuration issue related to the valuation views assigned to an asset. This error indicates that the assigned valuation view is not properly linked to the accounting principle in the system.
  Cause:
  The error message "Assigned valuation view &2 is not assigned to Acc Princ. &3" suggests that:
  
  The valuation view (e.g., book value, tax value) you are trying to use for the asset is not configured correctly in relation to the accounting principle.
  There may be a missing or incorrect assignment in the configuration settings for asset accounting.
  The valuation view may not be activated for the specific accounting principle you are using.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Configuration Settings:
  
  Go to the SAP Easy Access screen and navigate to the following path:
  SPRO -> Financial Accounting -> Asset Accounting -> Valuation -> Define Valuation Views
  
  Ensure that the valuation view you are trying to use is correctly assigned to the relevant accounting principle.
  
  
  
  Assign Valuation View to Accounting Principle:
  
  In the configuration settings, check if the valuation view is assigned to the accounting principle in question. If it is not, you will need to add the assignment.
  Make sure that the valuation view is active for the accounting principle you are working with.
  
  
  
  Review Asset Master Data:
  
  Check the asset master data to ensure that the correct valuation view is assigned to the asset. You can do this by using transaction code AS03 (Display Asset).
  Verify that the asset is set up correctly with the appropriate accounting principles and valuation views.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration, refer to SAP documentation or consult with your SAP functional consultant for guidance on the correct setup.
  
  
  
  Testing:
  
  After making the necessary changes, test the asset transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  AS01: Create Asset
  AS02: Change Asset
  AS03: Display Asset
  OAOA: Define Valuation Views
  
  
  SAP Notes:
  
  Check for any relevant SAP Notes that may address specific issues related to this error message.
  
  
  Documentation:
  
  Review the SAP Help Portal for detailed information on Asset Accounting configuration.
  
  
  
  By following these steps, you should be able to resolve the FAA_CFG_CHECK205 error and ensure that your asset accounting configuration is set up correctly.