How To Fix FAA_POST007 - Posting is not possible, old depreciation calculation not supported

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 007

• Message text: Posting is not possible, old depreciation calculation not supported

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

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_POST007 - Posting is not possible, old depreciation calculation not supported ?

  The SAP error message FAA_POST007 ("Posting is not possible, old depreciation calculation not supported") typically occurs in the context of asset accounting when there is an attempt to post a transaction related to an asset that has been set up with an old depreciation calculation method that is no longer supported by the system.
  
  Cause:
  
  Depreciation Method: The asset may be using an outdated or deprecated depreciation calculation method that is not compatible with the current configuration of the SAP system.
  System Upgrade: If the SAP system has been upgraded, certain older depreciation methods may have been phased out or replaced with new methods.
  Configuration Changes: Changes in the configuration of asset accounting settings may have rendered the old depreciation methods obsolete.
  
  
  Solution:
  
  Review Asset Configuration: Check the asset master data to see which depreciation method is being used. You can do this by navigating to the asset master record (transaction code AS03).
  Change Depreciation Method: If