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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message GLO_FIAA_JP_ANNEX16011 - You have not created any depreciation terms for &1 (asset &2) ?

  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 Master Data:
  
  Go to the Asset Master Data (transaction code AS02 for change or AS03 for display).
  Enter the asset number indicated by &2 and check the depreciation terms section.
  Ensure that the depreciation terms are defined for the asset.
  
  
  
  Create Depreciation Terms:
  
  If depreciation terms are missing, you will need to create them. This can typically be done in the configuration settings for asset accounting.
  Navigate to the configuration path: SPRO > Financial Accounting > Asset Accounting > Depreciation > Define Depreciation Terms.
  Create the necessary depreciation terms for the asset class that the asset belongs to.
  
  
  
  Review Asset Class Settings:
  
  Ensure that the asset class associated with the asset has the correct settings for depreciation.
  Check the configuration for the asset class in the same configuration path mentioned above.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources specific to the Japanese localization for any additional requirements or steps that may be necessary.
  
  
  
  Testing:
  
  After making the necessary changes, test the process again to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), AS03 (Display Asset), and OAYZ (for asset class settings).
  SAP Notes: Check for any SAP Notes related to this error message or the specific asset accounting functionality in Japan, as there may be patches or updates that address known issues.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to make changes to asset master data and configuration 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.