How To Fix FAA_MD049 - Please add a new time interval after the date &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FAA_MD - Fixed Asset Master

• Message number: 049

• Message text: Please add a new time interval after the date &1

What causes this issue?

You are adding a new time interval before the capitalization date or
last reorganization date &V1&

System Response

You have got this error message because either the asset has been
capitalized or it has been reorganized already.
If the asset has just been capitalized, the new time interval must start
after the capitalization date.
If it has been reorganized before, the new time interval must start
after the last reorganization date.

How to fix this error?

Please verify the starting date of your new time interval against the
capitalization date or last reorganization date &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_MD049 - Please add a new time interval after the date &1 ?

  The SAP error message FAA_MD049 typically occurs in the context of Asset Accounting (FI-AA) when there is an issue with the time intervals defined for an asset. This error indicates that the system requires a new time interval to be added after a specified date, which is usually related to the asset's depreciation or other time-sensitive calculations.
  Cause:
  
  Missing Time Interval: The error usually arises when there is no defined time interval for the asset after the specified date. This can happen if the asset's useful life or depreciation periods are not properly configured.
  Incorrect Configuration: The asset master data may not have the correct settings for depreciation areas or periods, leading to gaps in the time intervals.
  Changes in Legislation or Accounting Standards: Sometimes, changes in accounting standards or regulations may require adjustments to the time intervals.
  
  Solution:
  
  
  Add a New Time Interval:
  
  Go to the Asset Master Data (Transaction Code: AS02).
  Enter the asset number and select the appropriate depreciation area.
  Navigate to the "Depreciation" tab and check the time intervals.
  If there is a gap after the specified date, add a new time interval with the correct start and end dates, and ensure that the depreciation method is correctly assigned.
  
  
  
  Check Configuration:
  
  Review the configuration settings for the asset accounting module (Transaction Code: OAYZ).
  Ensure that the depreciation areas and their respective settings are correctly defined.
  Verify that the useful life and depreciation methods are set up correctly for the asset class.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help files for detailed guidance on managing asset master data and depreciation settings.
  
  
  
  Run Depreciation Simulation:
  
  After making changes, run a depreciation simulation (Transaction Code: AFAB) to ensure that the new intervals are recognized and that there are no further errors.
  
  
  
  Seek Help from SAP Support:
  
  If the issue persists, consider reaching out to SAP support or consulting with an SAP FI-AA expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: AS02 (Change Asset), OAYZ (Depreciation Areas), AFAB (Run Depreciation).
  Documentation: SAP Help Portal for Asset Accounting.
  Best Practices: Regularly review and maintain asset master data to ensure compliance with accounting standards and to avoid such errors.
  
  By following these steps, you should be able to resolve the FAA_MD049 error and ensure that your asset accounting processes run smoothly.