How To Fix GLO_FIAA_JP_ANNEX16025 - Only one chart of depreciation allowed for Annex 16

SAP Error Message - Details

• Message type: E = Error

• Message class: GLO_FIAA_JP_ANNEX16 - FIAA G11N Japan - Annex16

• Message number: 025

• Message text: Only one chart of depreciation allowed for Annex 16

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message GLO_FIAA_JP_ANNEX16025 - Only one chart of depreciation allowed for Annex 16 ?

  The SAP error message GLO_FIAA_JP_ANNEX16025 indicates that there is an issue related to the configuration of the chart of depreciation in the context of Japan's Annex 16 reporting requirements. This error typically arises when there is an attempt to use multiple charts of depreciation for the same asset, which is not allowed under the regulations governing Annex 16.
  Cause:
  
  Multiple Charts of Depreciation: The error occurs when the system detects that more than one chart of depreciation is assigned to the same asset or company code for the purpose of Annex 16 reporting.
  Configuration Issues: There may be incorrect settings in the asset accounting configuration, particularly in the area of depreciation areas and charts of depreciation.
  Data Entry Errors: Incorrect data entry during asset creation or modification can lead to this error.
  
  Solution:
  
  
  Review Asset Configuration:
  
  Check the asset master data to ensure that only one chart of depreciation is assigned for the relevant asset.
  Navigate to the asset master record (transaction code AS03) and verify the assigned chart of depreciation.
  
  
  
  Adjust Chart of Depreciation:
  
  If multiple charts of depreciation are assigned, you will need to adjust the configuration to ensure that only one is used for Annex 16 reporting.
  This may involve changing the asset's configuration or reassigning it to the correct chart of depreciation.
  
  
  
  Consult with SAP Support:
  
  If you are unable to resolve the issue through configuration changes, consider reaching out to SAP support for assistance. They may provide specific guidance based on your system setup.
  
  
  
  Check Customizations:
  
  If your organization has custom developments or enhancements related to asset accounting, review these to ensure they are not causing conflicts with the standard functionality.
  
  
  
  Testing:
  
  After making changes, perform thorough testing to ensure that the error does not reoccur and that the asset accounting processes function correctly.
  
  
  
  Related Information:
  
  Annex 16 Reporting: This is a specific requirement for companies operating in Japan, related to the reporting of fixed assets and their depreciation.
  SAP Asset Accounting (FI-AA): Understanding the configuration and functionality of the FI-AA module is crucial for managing fixed assets and ensuring compliance with local regulations.
  Documentation: Refer to SAP documentation and notes related to asset accounting and Annex 16 for detailed guidance on compliance and configuration.
  
  By following these steps, you should be able to resolve the error and ensure compliance with the reporting requirements for Annex 16 in SAP.