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

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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  Depreciation Method: The asset may be using an outdated or deprecated depreciation calculation method that is not compatible with the current configuration of the SAP system.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 the asset is using an old method, consider changing it to a supported method. This can be done by:
  
  Using transaction code AS02 to change the asset master data.
  Updating the depreciation area to use a current method.
  
  
  Recalculate Depreciation: After changing the depreciation method, you may need to recalculate the depreciation for the asset. This can be done using transaction code AFAB (Run Depreciation).
  Consult Documentation: Review SAP documentation or release notes for any changes related to depreciation methods in the version you are using.
  Contact SAP Support: If you are unsure about the changes or if the issue persists, consider reaching out to SAP support for assistance.
  
  Related Information:
  
  Transaction Codes:
  
  AS03: Display Asset Master Record
  AS02: Change Asset Master Record
  AFAB: Run Depreciation
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide guidance on depreciation methods.
  Configuration Settings: Review the configuration settings in the Asset Accounting module to ensure that they align with the current business processes and requirements.
  
  By following these steps, you should be able to resolve the FAA_POST007 error and ensure that your asset accounting processes are functioning correctly.