How To Fix FAA_CFG_CHECK503 - Tty &1: Indicator for adoption of depreciation start date cannot be set

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 503

• Message text: Tty &1: Indicator for adoption of depreciation start date cannot be set

What causes this issue?

For transaction type &V1&, you want to set the indicator <LS>Adopt
Depreciation Start Date for Transfer</>.
However, transaction type group &V2& doesn't allow the indicator to be
set because the transaction type group is <ZH>not</> designed for
acquisitions or transfers.

System Response

The settings cannot be saved.

How to fix this error?

Either remove the indicator or choose a transaction type group for
acquisitions or transfers.

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_CHECK503 - Tty &1: Indicator for adoption of depreciation start date cannot be set ?

  The SAP error message FAA_CFG_CHECK503 indicates an issue related to the configuration of asset accounting, specifically concerning the depreciation start date for an asset. This error typically arises when there is a conflict or misconfiguration in the settings that determine how depreciation is calculated for fixed assets.
  Cause:
  The error message "Tty &1: Indicator for adoption of depreciation start date cannot be set" usually occurs due to one or more of the following reasons:
  
  Configuration Issues: The settings in the asset accounting configuration may not be aligned with the requirements for the depreciation start date.
  Asset Master Data: The asset master record may have inconsistencies or missing information that prevents the system from determining the correct depreciation start date.
  Depreciation Areas: There may be issues with the configuration of depreciation areas, particularly if they are set to adopt the depreciation start date from another area.
  Transaction Type: The transaction type used for the asset may not allow for the adoption of the depreciation start date.
  
  Solution:
  To resolve the FAA_CFG_CHECK503 error, you can follow these steps:
  
  
  Check Asset Master Data:
  
  Go to the asset master record and verify that all required fields are filled out correctly, especially the depreciation start date and the relevant depreciation areas.
  
  
  
  Review Configuration Settings:
  
  Navigate to the configuration settings for asset accounting (Transaction code: SPRO).
  Check the settings for depreciation areas and ensure that the indicator for adopting the depreciation start date is correctly configured.
  
  
  
  Adjust Depreciation Areas:
  
  If you have multiple depreciation areas, ensure that they are set up correctly and that the adoption of the depreciation start date is allowed where necessary.
  
  
  
  Transaction Type Settings:
  
  Review the transaction types used for asset transactions to ensure they are configured to allow for the adoption of the depreciation start date.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help notes related to asset accounting configuration for more detailed guidance on the specific settings that may be causing the issue.
  
  
  
  Testing:
  
  After making the necessary adjustments, test the asset transaction again to see if the error persists.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) for managing asset master data.
  SAP Community: Engage with the SAP Community forums for insights from other users who may have encountered and resolved similar issues.
  
  If the problem persists after following these steps, it may be beneficial to consult with an SAP expert or your organization's SAP support team for further assistance.