How To Fix FAA_MD067 - Please enter cost center or WBS element to collect depreciation costs &1

FAA_MD067 - Overview

• Message type: E = Error

• Message class: FAA_MD - Fixed Asset Master

• Message number: 067

• Message text: Please enter cost center or WBS element to collect depreciation costs &1

Self-Explanatory Message

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To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FAA_MD067 - Please enter cost center or WBS element to collect depreciation costs &1 ?

  The SAP error message FAA_MD067 indicates that when trying to post or process depreciation for an asset, the system requires either a cost center or a Work Breakdown Structure (WBS) element to be specified for collecting depreciation costs. This is a common issue in asset accounting when the necessary cost allocation information is missing.
  
  Cause:
  
  Missing Cost Center or WBS Element: The asset master record does not have a cost center or WBS element assigned, which is necessary for the system to allocate depreciation costs.
  
  Configuration Issues: The configuration settings in the asset accounting module may not be set up correctly to allow for the automatic assignment of cost centers or WBS elements.
  Transaction Type: The transaction being executed may require specific settings that are not met, such as the type of asset or the nature of the transaction.
  
  
  Solution:
  
  
  Check Asset Master Record:
  
  Go to the asset master record (transaction code AS02).
  Ensure that either a cost