How To Fix GZ029 - Depr.months ledger & co. & partner & asset & not supported

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 029

• Message text: Depr.months ledger & co. & partner & asset & not supported

What causes this issue?

The subgroup specified has an "annual" consolidation frequency.
But the reported months of depreciation are not equivalent to a whole
number of years.

System Response

Error message

How to fix this error?

Please maintain the data pertaining to depreciable life for this
company in the table for entering asset transfers; also specify the
number of years of depreciation in the "Life in years" field.
&ACTIVITY&

<ds:TRAN.GC33>Proceed</>
ENDIF

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GZ029 - Depr.months ledger & co. & partner & asset & not supported ?

  The SAP error message GZ029 indicates that there is an issue with the depreciation calculation for an asset in the system. Specifically, it suggests that the combination of the ledger, company code, partner, and asset is not supported for the depreciation months being processed. This error typically arises during the execution of depreciation runs or when trying to post transactions related to fixed assets.
  Causes:
  
  Incorrect Configuration: The asset may not be properly configured in the system, particularly in relation to the assigned ledger or company code.
  Missing Depreciation Areas: The asset may not have the necessary depreciation areas set up for the specified ledger.
  Inconsistent Data: There may be inconsistencies in the asset master data, such as missing or incorrect entries for the ledger or company code.
  Period Lock: The period for which the depreciation is being calculated may be locked or closed in the system.
  Asset Not Assigned to Ledger: The asset might not be assigned to the correct ledger in the asset accounting configuration.
  
  Solutions:
  
  Check Asset Master Data: Review the asset master data to ensure that all necessary fields are correctly filled out, particularly the ledger and company code assignments.
  Verify Depreciation Areas: Ensure that the asset has the required depreciation areas configured for the ledger in question.
  Review Configuration Settings: Check the configuration settings in the Asset Accounting module to ensure that the ledger and company code are correctly set up to support the asset.
  Unlock Period: If the period is locked, consider unlocking it if appropriate, or ensure that you are processing the depreciation in an open period.
  Consult Documentation: Refer to SAP documentation or notes related to asset accounting for any specific configurations or requirements that may apply to your version of SAP.
  Run Consistency Checks: Use transaction codes like AS02 (Change Asset) or AS03 (Display Asset) to check for any inconsistencies or errors in the asset data.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) for managing asset data.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Support: If the issue persists, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  By following these steps, you should be able to identify and resolve the cause of the GZ029 error message in SAP.