How To Fix GA058 - Cycle & has not been created in & &

SAP Error Message - Details

• Message type: E = Error

• Message class: GA - Allocations

• Message number: 058

• Message text: Cycle & has not been created in & &

What causes this issue?

Cycle &V1& in &V2& &V3& does not have a starting date.

System Response

This cycle cannot be processed.

How to fix this error?

Select another cycle, or branch to the "Create" transaction and create
a new cycle.
It is also possible that you have made a typing error in your entry or
selected the wrong &V2&.
Use the F4 key to display all existing cycles in your &V2& and choose a
cycle from this list.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GA058 - Cycle & has not been created in & & ?

  The SAP error message GA058 ("Cycle & has not been created in & &") typically occurs in the context of Asset Accounting (FI-AA) when there is an issue related to the depreciation areas or cycles for an asset. This error indicates that the system is unable to find a defined depreciation cycle for the specified asset in the specified company code.
  Cause:
  
  Missing Depreciation Cycle: The depreciation cycle for the asset has not been defined in the system.
  Incorrect Configuration: The configuration settings for the asset accounting may not be set up correctly, leading to the absence of a cycle.
  Company Code Issues: The asset may not be assigned to the correct company code, or the company code may not have the necessary settings for the depreciation cycle.
  Asset Class Issues: The asset class assigned to the asset may not have a defined depreciation cycle.
  
  Solution:
  
  
  Define Depreciation Cycle:
  
  Go to the transaction code OAYZ (or navigate through the menu: Accounting > Financial Accounting > Asset Accounting > Master Data > Asset > Create).
  Check if the depreciation cycle is defined for the relevant asset class and company code.
  If not, create a new depreciation cycle by defining the necessary parameters.
  
  
  
  Check Asset Class Configuration:
  
  Use transaction code OAOA to check the configuration of the asset class.
  Ensure that the asset class has a valid depreciation area and cycle assigned.
  
  
  
  Assign Asset to Correct Company Code:
  
  Verify that the asset is assigned to the correct company code.
  If necessary, reassign the asset to the correct company code where the depreciation cycle is defined.
  
  
  
  Review Configuration Settings:
  
  Check the overall configuration settings for Asset Accounting in the system to ensure that all necessary parameters are set correctly.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or consult with your SAP support team for specific guidance on configuring depreciation cycles.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  OAYZ: Define Depreciation Areas
  OAOA: Define Asset Classes
  AS01: Create Asset
  AS02: Change Asset
  AS03: Display Asset
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  
  
  User Roles: Ensure that the user has the necessary authorizations to create or modify asset configurations.
  
  
  By following these steps, you should be able to resolve the GA058 error and ensure that the depreciation cycle is correctly set up for the asset in question.