How To Fix FIQA_LOC304 - Define depreciation rates for evaluation groups of company code &1

FIQA_LOC304 - Overview

• Message type: E = Error

• Message class: FIQA_LOC - FI Localization for Qatar

• Message number: 304

• Message text: Define depreciation rates for evaluation groups of company code &1

What causes this issue?

You have not defined the depreciation rates for evaluation groups.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Define the depreciation rates for evaluation groups in Customizing for

<ZK>Financial Accounting</> under <ZK>Asset Accounting -> Information
System -> Country-Specific Functions -> Qatar -> Calculation of
Depreciation -> Specify Depreciation Rates for Evaluation Groups.</>


<ZK>Financial Accounting</> under <ZK>Asset Accounting -> Information
System -> Country-Specific Functions -> Qatar -> Calculationof
Depreciation -> Specify Depreciation Rates for Evaluation Groups.</>

<ZK>Financial Accounting (New)</> under <ZK>Asset Accounting ->
Information System -> Country-Specific Functions -> Qatar ->
Calculationof Depreciation -> Specify Depreciation Rates for Evaluation
Groups.</>

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FIQA_LOC304 - Details

• The SAP error message FIQA_LOC304 indicates that there is an issue with the configuration of depreciation rates for evaluation groups in a specific company code. This error typically arises when the system cannot find the necessary depreciation rates defined for the specified evaluation group in the company code.
  
  Cause:
  
  Missing Configuration: The depreciation rates for the evaluation group in the specified company code have not been defined in the system.
  Incorrect Evaluation Group: The evaluation group specified may not be correctly set up or may not exist in the configuration.
  Company Code Issues: The company code may not be properly configured to use the specified evaluation group.
  
  
  Solution:
  To resolve the FIQA_LOC304 error, follow these steps:
  
  
  Check Configuration:
  
  Go to the SAP Easy Access screen and navigate to the following path:Accounting -> Financial Accounting -> Asset Accounting -> Valuation -> Depreciation -> Define Depreciation Rates
  
  Ensure that the depreciation rates for the relevant evaluation group are defined for the