How To Fix G4702 - Depreciation area & not defined for chart of depreciation &

G4702 - Overview

• Message type: E = Error

• Message class: G4 - EC-CS Consolidation

• Message number: 702

• Message text: Depreciation area & not defined for chart of depreciation &

What causes this issue?

The chart of depreciation assigned to the company you selected does not
contain depreciation area &1.

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

System Response

Depreciation area & not defined for Chart of depreciation &

How to fix this error?

Check your settings in AM Customizing

Error message extract from SAP system. Copyright SAP SE.

G4702 - Details

• The SAP error message G4702 indicates that a specific depreciation area is not defined for the chart of depreciation you are trying to use. This typically occurs during asset accounting transactions, such as when you are trying to post an asset acquisition or perform a depreciation run.
  
  Cause:
  
  Missing Configuration: The depreciation area you are trying to use is not configured in the chart of depreciation.
  Incorrect Chart of Depreciation: The asset may be assigned to a different chart of depreciation than the one you are trying to use.
  Data Entry Error: There may be a mistake in the asset master data or the transaction data that is causing the system to look for a non-existent depreciation area.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Integration > Define Depreciation Areas.
  Ensure that the depreciation area in question is defined for the relevant chart of depreciation.
  
  
  
  Review Asset