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

FAA_CFG_CHECK503 - Overview

• 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