How To Fix GZ027 - Only straight or declining depr. w/ledger & co. & partner & asset &

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 027

• Message text: Only straight or declining depr. w/ledger & co. & partner & asset &

What causes this issue?

You entered a wrong depreciation method.

System Response

Error message

How to fix this error?

Please choose 'L' (linear/straight-line) or 'D' (declining-balance).

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GZ027 - Only straight or declining depr. w/ledger & co. & partner & asset & ?

  The SAP error message GZ027 typically occurs in the context of asset accounting when there is an issue with the depreciation calculation for an asset. This error indicates that the system is expecting either straight-line or declining balance depreciation methods to be used in conjunction with specific parameters such as ledger, company code, partner, and asset.
  Cause:
  
  Depreciation Method: The asset may be configured with a depreciation method that is not compatible with the settings in the ledger or company code.
  Configuration Issues: There may be inconsistencies in the configuration of the asset accounting settings, such as the asset class or the depreciation key.
  Missing Data: Required fields or parameters may be missing or incorrectly set up in the asset master data.
  Incorrect Ledger Settings: The ledger settings may not support the type of depreciation method being applied.
  
  Solution:
  
  
  Check Asset Master Data:
  
  Go to the asset master record and verify the depreciation method assigned to the asset.
  Ensure that the depreciation key is set to either straight-line or declining balance.
  
  
  
  Review Configuration:
  
  Check the configuration of the asset class and ensure that it is set up correctly for the intended depreciation methods.
  Verify that the depreciation keys are correctly defined in the system.
  
  
  
  Ledger and Company Code Settings:
  
  Ensure that the ledger settings are compatible with the depreciation methods being used.
  Check the company code settings to ensure they align with the asset's configuration.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific details on the depreciation methods and their configurations.
  
  
  
  Testing:
  
  After making any changes, perform a test run to see if the error persists. You can use transaction codes like AS02 (Change Asset) or AS03 (Display Asset) to check the asset details.
  
  
  
  Seek Help from SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset).
  Depreciation Methods: Understand the different types of depreciation methods available in SAP and their implications on financial reporting.
  Asset Accounting Configuration: Review the configuration settings in the Asset Accounting module to ensure compliance with your organization's accounting policies.
  
  By following these steps, you should be able to identify the root cause of the GZ027 error and implement the necessary changes to resolve it.