How To Fix FIQA_LOC312 - Define evaluation groups for asset classes

SAP Error Message - Details

• Message type: E = Error

• Message class: FIQA_LOC - FI Localization for Qatar

• Message number: 312

• Message text: Define evaluation groups for asset classes

What causes this issue?

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

You have not defined evaluation groups for asset classes.

System Response

How to fix this error?

Define evaluation groups for asset classes in Customizing for

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


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

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

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FIQA_LOC312 - Define evaluation groups for asset classes ?

  The SAP error message FIQA_LOC312, which states "Define evaluation groups for asset classes," typically occurs in the context of Asset Accounting (FI-AA) when the system is unable to find the necessary configuration for evaluation groups associated with asset classes. This can happen during various processes, such as posting transactions or running reports related to fixed assets.
  Cause:
  The error is caused by the absence of defined evaluation groups for the asset classes in the system. Evaluation groups are used in asset accounting to categorize assets for reporting and valuation purposes. If these groups are not set up correctly, the system cannot process transactions related to those asset classes.
  Solution:
  To resolve this error, you need to define evaluation groups for the relevant asset classes. Here are the steps to do this:
  
  
  Access the Configuration Menu:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: 
  Financial Accounting (New) -> Asset Accounting -> Valuation -> Define Evaluation Groups
  
  
  
  
  Define Evaluation Groups:
  
  In the configuration screen, you will see a list of existing evaluation groups.
  If there are no evaluation groups defined, you will need to create new ones.
  Click on the "New Entries" button to create a new evaluation group.
  Enter the necessary details, such as the evaluation group name and description.
  
  
  
  Assign Evaluation Groups to Asset Classes:
  
  After defining the evaluation groups, you need to assign them to the relevant asset classes.
  Navigate to:
  Financial Accounting (New) -> Asset Accounting -> Valuation -> Assign Evaluation Groups to Asset Classes
  
  Select the asset classes that require evaluation groups and assign the newly created evaluation groups to them.
  
  
  
  Save Your Changes:
  
  After making the necessary configurations, save your changes.
  
  
  
  Test the Configuration:
  
  After defining and assigning the evaluation groups, try to perform the transaction that previously resulted in the error to ensure that the issue has been resolved.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OAOA (for defining evaluation groups) and OAYB (for assigning evaluation groups to asset classes) to access the relevant configuration screens directly.
  Documentation: Refer to SAP Help documentation for Asset Accounting for more detailed information on evaluation groups and their significance in asset valuation.
  Authorization: Ensure that you have the necessary authorization to make changes in the configuration settings.
  
  If the error persists after following these steps, it may be necessary to check for other configuration issues or consult with your SAP support team for further assistance.