How To Fix GZ028 - Life of decl.-bal. depr. missing for ledger & co. & TP & asset &

GZ028 - Overview

• Message type: E = Error

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

• Message number: 028

• Message text: Life of decl.-bal. depr. missing for ledger & co. & TP & asset &

What causes this issue?

While choosing the declining-balance method, no depreciation life was
entered.

System Response

Error message

How to fix this error?

Please enter the life for calculating the depreciation.

Error message extract from SAP system. Copyright SAP SE.

GZ028 - Details

• The SAP error message GZ028 indicates that there is a missing life of declared balance depreciation for a specific ledger, company code, transaction type, and asset. This error typically arises in the context of asset accounting when the system is unable to find the necessary information to calculate depreciation for an asset.
  
  Cause:
  
  Missing Configuration: The life of declared balance depreciation may not be configured for the specified asset in the asset master data.
  Incorrect Transaction Type: The transaction type used may not have the necessary settings for the asset in question.
  Missing or Incorrect Ledger Settings: The ledger settings for the company code may not include the required depreciation parameters.
  Asset Master Data Issues: The asset master data may be incomplete or incorrectly maintained.
  
  
  Solution:
  
  
  Check Asset Master Data:
  
  Go to the asset master record (transaction code AS03) and verify that the life of declared balance depreciation is correctly maintained for the asset in question.
  Ensure that the