How To Fix GZ053 - Acquisition year set & is not defined

GZ053 - Overview

• Message type: E = Error

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

• Message number: 053

• Message text: Acquisition year set & is not defined

What causes this issue?

Acquisition year set &V1& has not been defined for database table &V2&.

System Response

Error message

How to fix this error?

Check the set's definition.

Error message extract from SAP system. Copyright SAP SE.

GZ053 - Details

• The SAP error message GZ053, which states "Acquisition year set & is not defined," typically occurs in the context of Asset Accounting (FI-AA) when the system is unable to find a defined acquisition year for a specific asset. This can happen for various reasons, such as configuration issues or missing data.
  
  Cause:
  
  Missing Configuration: The acquisition year may not be defined in the system for the specified asset class or company code.
  Incorrect Asset Master Data: The asset master record may have incorrect or incomplete information, leading to the system not being able to determine the acquisition year.
  Data Migration Issues: If data was migrated from another system, there may be inconsistencies or missing entries related to acquisition years.
  Customizing Settings: The settings in the Asset Accounting configuration may not be properly set up to handle the acquisition year for the asset.
  
  
  Solution:
  
  
  Check Asset Master Data:
  
  Go to the asset master record (transaction code AS03) and verify