How To Fix GZ024 - Entry for prev. year changes in depr. missing for co. & asset &

SAP Error Message - Details

• Message type: E = Error

• Message class: GZ - Message class for FI-LC

• Message number: 024

• Message text: Entry for prev. year changes in depr. missing for co. & asset &

What causes this issue?

The elimination program could not find any entries for changes in
depreciation in the previous year.

System Response

Error message

How to fix this error?

Please run the elimination program in posting mode and, first of all,
for the previous year.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GZ024 - Entry for prev. year changes in depr. missing for co. & asset & ?

  The SAP error message GZ024 indicates that there is a missing entry for previous year changes in depreciation for a specific company code and asset. This error typically arises during the execution of asset accounting transactions, such as when trying to post a depreciation run or make adjustments to asset values.
  Cause:
  
  Missing Previous Year Data: The error usually occurs when there are no entries in the asset history for the previous fiscal year. This can happen if the asset was created or modified after the previous fiscal year ended, or if the depreciation run for the previous year was not executed correctly.
  Incorrect Configuration: There may be issues with the configuration of the asset accounting module, particularly related to the fiscal year settings or the asset master data.
  Data Migration Issues: If data was migrated from another system, there may be inconsistencies or missing data for previous years.
  
  Solution:
  
  Check Asset Master Data: Verify the asset master data for the specific asset and ensure that all necessary fields are filled out correctly. Pay special attention to the "Depreciation Areas" and "Useful Life" settings.
  Run Previous Year Depreciation: If the previous year's depreciation run was not executed, you may need to run it. This can be done using transaction code AFAB (Run Depreciation).
  Review Asset History: Check the asset history records to ensure that there are entries for the previous year. You can use transaction code AW01N to view the asset history.
  Adjust Configuration: If there are configuration issues, you may need to adjust the settings in the Asset Accounting configuration. This may require assistance from a functional consultant.
  Consult Documentation: Review SAP documentation or notes related to asset accounting and depreciation to ensure compliance with best practices.
  
  Related Information:
  
  Transaction Codes:
  
  AFAB: Run Depreciation
  AW01N: Asset Explorer
  OAYZ: Configuration for Asset Accounting
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  User Roles: Ensure that the user has the necessary authorizations to perform asset accounting transactions.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant specializing in Asset Accounting for further assistance.