How To Fix GLO_FIAA_JP_ANNEX16029 - No depreciation area has been defined with glo_val_type "&1"

SAP Error Message - Details

• Message type: E = Error

• Message class: GLO_FIAA_JP_ANNEX16 - FIAA G11N Japan - Annex16

• Message number: 029

• Message text: No depreciation area has been defined with glo_val_type "&1"

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message GLO_FIAA_JP_ANNEX16029 - No depreciation area has been defined with glo_val_type "&1" ?

  The SAP error message GLO_FIAA_JP_ANNEX16029 indicates that there is an issue related to the configuration of depreciation areas in the Asset Accounting module, specifically in the context of Japanese accounting requirements. The error message states that no depreciation area has been defined with the specified value type (glo_val_type "&1").
  Cause:
  
  Missing Configuration: The primary cause of this error is that the system does not have a depreciation area configured for the specified value type. This can occur if the necessary settings for the depreciation areas have not been completed in the system.
  Incorrect Value Type: The value type being referenced may not be valid or may not correspond to any defined depreciation area in the system.
  Data Migration Issues: If data has been migrated from another system, there may be inconsistencies or missing configurations that lead to this error.
  
  Solution:
  
  
  Check Depreciation Area Configuration:
  
  Go to the configuration settings for Asset Accounting in SAP.
  Navigate to the transaction code SPRO and follow the path: Financial Accounting (New) > Asset Accounting > Integration > Define Depreciation Areas.
  Ensure that the depreciation area corresponding to the value type in question is defined and properly configured.
  
  
  
  Define Missing Depreciation Area:
  
  If the required depreciation area does not exist, you will need to create it. Make sure to set the appropriate parameters and link it to the relevant value types.
  
  
  
  Review Value Types:
  
  Check the value types defined in your system. Ensure that the value type being referenced in the error message is valid and corresponds to a defined depreciation area.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to Japanese accounting standards to ensure compliance with local regulations.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: You may find it useful to familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) to test asset transactions after configuration changes.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuring depreciation areas for Japanese accounting.
  User Roles: Ensure that you have the necessary authorizations to make changes to the configuration settings in Asset Accounting.
  
  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.