How To Fix FAA_MD040 - The last time interval must cover the current legacy transfer date &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FAA_MD - Fixed Asset Master

• Message number: 040

• Message text: The last time interval must cover the current legacy transfer date &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FAA_MD040 - The last time interval must cover the current legacy transfer date &1 ?

  The SAP error message FAA_MD040 indicates that there is an issue with the legacy transfer date in the Asset Accounting (FI-AA) module. Specifically, it suggests that the last time interval in the asset master data does not cover the current legacy transfer date specified in the error message.
  Cause:
  The error typically arises when:
  
  The asset master data does not have a valid time interval that includes the legacy transfer date.
  The legacy transfer date is set to a date that falls outside the range of the asset's depreciation or time intervals.
  There may be inconsistencies in the asset data or configuration settings related to the asset's life cycle.
  
  Solution:
  To resolve the FAA_MD040 error, you can take the following steps:
  
  
  Check Asset Master Data:
  
  Go to the asset master record (transaction code AS03) and verify the time intervals defined for the asset.
  Ensure that the last time interval covers the legacy transfer date mentioned in the error message.
  
  
  
  Adjust Time Intervals:
  
  If the time intervals do not cover the legacy transfer date, you may need to adjust the asset's time intervals. This can be done by:
  
  Extending the last time interval to include the legacy transfer date.
  Creating a new time interval if necessary.
  
  
  
  
  
  Review Legacy Transfer Date:
  
  Ensure that the legacy transfer date is correctly set and is intended for the asset. If the date is incorrect, you may need to correct it.
  
  
  
  Check Configuration Settings:
  
  Review the configuration settings in the Asset Accounting module to ensure that they are set up correctly for legacy data transfers.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on handling legacy transfers and asset master data.
  
  
  
  Seek Help from SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  AS03: Display Asset Master Record
  AS02: Change Asset Master Record
  OAYZ: Configuration for Asset Accounting
  
  
  
  SAP Notes:
  
  Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  
  
  
  Documentation:
  
  Review the SAP Help Portal for detailed information on Asset Accounting and legacy data transfers.
  
  
  
  By following these steps, you should be able to resolve the FAA_MD040 error and ensure that your asset master data is correctly configured for legacy transfers.