How To Fix FILAE001 - No deprec. areas assigned for comp. &1,chart of depr. &2,acctg princ. &3

SAP Error Message - Details

• Message type: E = Error

• Message class: FILAE - Messages for Lease Accounting Engine

• Message number: 001

• Message text: No deprec. areas assigned for comp. &1,chart of depr. &2,acctg princ. &3

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FILAE001 - No deprec. areas assigned for comp. &1,chart of depr. &2,acctg princ. &3 ?

  The SAP error message FILAE001 indicates that there are no depreciation areas assigned for a specific company code, chart of depreciation, and accounting principle. This error typically occurs when you are trying to post an asset transaction or perform an asset-related operation, and the system cannot find the necessary configuration for depreciation areas.
  Cause:
  
  Missing Configuration: The primary cause of this error is that the depreciation areas have not been defined or assigned for the specified company code and chart of depreciation in the Asset Accounting (FI-AA) module.
  Incorrect Settings: There may be incorrect settings in the configuration of the asset accounting, such as missing or incorrect assignment of accounting principles to the chart of depreciation.
  Data Entry Error: There could be a data entry error where the company code, chart of depreciation, or accounting principle is incorrectly specified.
  
  Solution:
  To resolve the FILAE001 error, follow these steps:
  
  
  Check Configuration:
  
  Go to the SAP Easy Access screen and navigate to the following path:
  SPRO -> Financial Accounting -> Asset Accounting -> Integration -> Assign Depreciation Areas to Company Code
  
  Ensure that the depreciation areas are correctly assigned to the relevant company code and chart of depreciation.
  
  
  
  Define Depreciation Areas:
  
  If depreciation areas are not defined, you need to create them. This can be done in the same configuration path mentioned above.
  Make sure that the necessary depreciation areas are set up according to your business requirements.
  
  
  
  Verify Accounting Principles:
  
  Check the assignment of accounting principles to the chart of depreciation. This can be done in:
  SPRO -> Financial Accounting -> Asset Accounting -> Integration -> Define Accounting Principles
  
  Ensure that the accounting principles are correctly assigned to the relevant chart of depreciation.
  
  
  
  Check Master Data:
  
  Review the asset master data to ensure that it is correctly set up with the appropriate company code, chart of depreciation, and accounting principles.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, test the configuration by trying to post an asset transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OAOA (for defining depreciation areas) and OAYZ (for assigning depreciation areas to company codes) to access the relevant configuration screens directly.
  Documentation: Refer to SAP Help documentation for Asset Accounting for detailed guidance on configuring depreciation areas and accounting principles.
  Support: If the issue persists after checking the configuration, consider reaching out to your SAP support team or consulting with an SAP FI-AA expert for further assistance.
  
  By following these steps, you should be able to resolve the FILAE001 error and ensure that your asset accounting configuration is correctly set up.