How To Fix FO347 - Enter minimum revenue as percentage if absolute interval is active

SAP Error Message - Details

• Message type: E = Error

• Message class: FO - Cross-ISPS Functions

• Message number: 347

• Message text: Enter minimum revenue as percentage if absolute interval is active

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FO347 - Enter minimum revenue as percentage if absolute interval is active ?

  The SAP error message FO347 ("Enter minimum revenue as percentage if absolute interval is active") typically occurs in the context of configuring or using the SAP Asset Accounting (FI-AA) module, particularly when dealing with asset transactions or settings related to depreciation.
  Cause:
  This error arises when you are trying to set up or process an asset with a depreciation method that requires a minimum revenue percentage, but the system is configured to use an absolute interval instead. The absolute interval setting expects a fixed amount rather than a percentage, leading to a conflict when the system requires a percentage input.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Depreciation Method Settings:
  
  Go to the configuration settings for the depreciation method being used. You can find this in the SAP menu under:
  
  SPRO ? Financial Accounting ? Asset Accounting ? Depreciation ? Define Depreciation Areas.
  
  
  Review the settings for the depreciation method and ensure that the correct type of interval (absolute or percentage) is selected based on your business requirements.
  
  
  
  Adjust Minimum Revenue Settings:
  
  If the absolute interval is indeed required, you may need to adjust the settings to remove the requirement for a minimum revenue percentage.
  Conversely, if a percentage is required, ensure that the depreciation method is set to allow for percentage intervals.
  
  
  
  Review Asset Master Data:
  
  Check the asset master data for the asset in question. Ensure that the settings align with the depreciation method and that the minimum revenue percentage is entered correctly if required.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to Asset Accounting and depreciation methods for further guidance on the specific settings and requirements.
  
  
  
  Testing:
  
  After making the necessary adjustments, test the asset transaction again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like AS01 (Create Asset), AS02 (Change Asset), and OAYZ (Define Depreciation Areas) to navigate through asset-related configurations.
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional context or fixes.
  User Roles: Ensure that you have the necessary authorizations to make changes to asset accounting settings.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Asset Accounting for further assistance.