How To Fix FILAE004 - No depreciation areas assigned for component &1 chart of deprec. &2

FILAE004 - Overview

• Message type: E = Error

• Message class: FILAE - Messages for Lease Accounting Engine

• Message number: 004

• Message text: No depreciation areas assigned for component &1 chart of deprec. &2

Self-Explanatory Message

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FILAE004 - Details

• The SAP error message FILAE004 indicates that there are no depreciation areas assigned for a specific asset component in the specified chart of depreciation. This error typically arises during asset accounting processes, such as when trying to post an asset acquisition or when running depreciation calculations.
  
  Cause:
  
  Missing Configuration: The primary cause of this error is that the asset component does not have any depreciation areas assigned in the chart of depreciation.
  Incorrect Chart of Depreciation: The chart of depreciation being used may not be correctly set up for the asset or may not include the necessary depreciation areas.
  Asset Master Data Issues: The asset master record may not be properly configured, leading to missing or incorrect depreciation area assignments.
  
  
  Solution:
  To resolve the FILAE004 error, follow these steps:
  
  
  Check Depreciation Areas:
  
  Go to the transaction code OADB (Define Depreciation Areas) in SAP.
  Verify that the required depreciation areas are defined for the chart of depreciation in question.
  
  
  
  Assign Depreciation