How To Fix FO342 - Percentage for lower limit must be higher than zero

FO342 - Overview

• Message type: E = Error

• Message class: FO - Cross-ISPS Functions

• Message number: 342

• Message text: Percentage for lower limit must be higher than zero

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FO342 - Percentage for lower limit must be higher than zero ?

  The SAP error message FO342, which states "Percentage for lower limit must be higher than zero," typically occurs in the context of asset accounting, particularly when dealing with depreciation areas or settings related to asset values. This error indicates that a percentage value defined for a lower limit in a depreciation calculation or asset valuation is set to zero or is negative, which is not permissible.
  
  Cause:
  
  Incorrect Configuration: The lower limit percentage for depreciation or valuation might have been incorrectly set to zero or a negative value in the configuration settings.
  Data Entry Error: During the creation or modification of asset master records, a user might have inadvertently entered an invalid percentage.
  Customizing Settings: The customizing settings for asset accounting may not have been properly defined, leading to this error.
  
  
  Solution:
  
  
  Check Asset Master Data:
  
  Go to the asset master record (transaction code AS02 or AS03) and check the relevant depreciation areas.
  Ensure that the lower limit