How To Fix FAA_POST005 - FI-AA (New) is not compatible with old depreciation calculation

FAA_POST005 - Overview

• Message type: E = Error

• Message class: FAA_POST - FIAA Posting Messages (Object-Oriented Kernel)

• Message number: 005

• Message text: FI-AA (New) is not compatible with old depreciation calculation

What causes this issue?

The old depreciation calculation is active in your system.
However, this function is <ZH>not</> compatible with the business
function <AB>FIN_AA_PARALLEL_VAL</>.
However, the business function <AB>FIN_AA_PARALLEL_VAL</> is compatible
with the new depreciation calculation (depreciation calculation program
(DCP)); the new depreciation calculation is part of the Enterprise
Extension <LS>EA-FIN</>.

System Response

It is <ZH>not</> possible to activate the business function <AB>
FIN_AA_PARALLEL_VAL</>.

How to fix this error?

If you want to use the business function <AB>FIN_AA_PARALLEL_VAL</>, you
have to activate the Enterprise Extension <LS>EA-FIN</>; then the old
depreciation calculation is replaced by the new depreciation
calculation.

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.

FAA_POST005 - Details

• The SAP error message FAA_POST005 indicates that there is a compatibility issue between the new depreciation calculation method (FI-AA) and the old method. This typically arises when there are inconsistencies in the asset accounting settings or when an asset has been migrated from an older version of SAP to a newer one, and the depreciation calculation methods are not aligned.
  
  Cause:
  
  Migration Issues: If assets were migrated from an older version of SAP, the system may still be using the old depreciation calculation methods, which are not compatible with the new methods introduced in the latest version.
  Configuration Settings: The configuration settings for asset accounting may not be properly aligned. This can happen if the new depreciation calculation method has been activated but the old method is still in use for certain assets.
  Asset Master Data: The asset master data may have inconsistencies, such as incorrect settings for depreciation areas or calculation methods.
  
  
  Solution:
  
  
  Check Configuration: