How To Fix FIAARO_IS005 - No Ledger was determined for Company code & and Depreciation area &

SAP Error Message - Details

• Message type: E = Error

• Message class: FIAARO_IS - RO FI-AA IS

• Message number: 005

• Message text: No Ledger was determined for Company code & and Depreciation area &

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.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FIAARO_IS005 - No Ledger was determined for Company code & and Depreciation area & ?

  The SAP error message FIAARO_IS005 indicates that the system could not determine a ledger for a specific company code and depreciation area. This error typically arises during the execution of asset accounting transactions, such as posting asset transactions or running depreciation.
  Cause:
  
  Missing Configuration: The most common cause is that the ledger is not properly configured for the specified company code and depreciation area in the Asset Accounting settings.
  Incorrect Settings: The settings for the ledger in the configuration may not align with the requirements for the company code or depreciation area.
  Inactive Ledger: The ledger might be inactive or not assigned to the company code.
  Data Inconsistency: There may be inconsistencies in the master data for the asset or the configuration settings.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings in SAP (Transaction code: SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Integration > Define Depreciation Areas.
  Ensure that the depreciation area is assigned to the correct ledger for the specified company code.
  
  
  
  Assign Ledger:
  
  Ensure that the ledger is assigned to the company code in the configuration.
  Check the settings under Financial Accounting (New) > General Ledger Accounting > Ledger > Define Ledgers.
  
  
  
  Review Asset Master Data:
  
  Check the asset master data (Transaction code: AS03) for the asset in question.
  Ensure that the correct depreciation area is assigned and that it corresponds to the configured ledger.
  
  
  
  Check for Inactive Ledgers:
  
  Verify that the ledger is active and not marked for deletion or inactive.
  
  
  
  Run Consistency Checks:
  
  Use transaction code: OAMK to run consistency checks on the asset accounting settings.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to asset accounting and ledger configuration for any additional insights or updates.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  AS03: Display Asset
  SPRO: Customizing Implementation Guide
  OAMK: Asset Accounting: Consistency Check
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles: Ensure that the user has the necessary authorizations to access and modify the configuration settings.
  
  By following these steps, you should be able to identify and resolve the issue causing the FIAARO_IS005 error message in SAP.