How To Fix GLO_FIAA_JP_ANNEX16011 - You have not created any depreciation terms for &1 (asset &2)

GLO_FIAA_JP_ANNEX16011 - Overview

• Message type: E = Error

• Message class: GLO_FIAA_JP_ANNEX16 - FIAA G11N Japan - Annex16

• Message number: 011

• Message text: You have not created any depreciation terms for &1 (asset &2)

What causes this issue?

Asset &v2& does not contain any transactional data of depreciation terms
of &v1& in table ANLB.

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

System Response

How to fix this error?

Check if you have performed the depreciation calculation and you have
made Customizing settings for &v1& in the IMG activity
<DS:SIMG.FIAA_ANNEX16_DEPAREA> Assign Depreciation Area Type to
Depreciation Area.</>

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

GLO_FIAA_JP_ANNEX16011 - Details

• The SAP error message GLO_FIAA_JP_ANNEX16011 indicates that there is an issue related to the depreciation terms for a specific asset in the Japanese localization of SAP. This error typically arises when you attempt to perform an action (like posting a journal entry or running a report) that requires depreciation terms to be defined for a particular asset, but those terms have not been set up in the system.
  
  Cause:
  
  Missing Depreciation Terms: The primary cause of this error is that the depreciation terms for the specified asset (indicated by &2) have not been created or configured in the system.
  Incorrect Asset Configuration: The asset may not be properly configured in the asset accounting module, leading to missing or incomplete data.
  Localization Settings: Since this error is specific to the Japanese localization, it may be related to specific requirements or settings that are unique to Japan.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Asset