How To Fix HF215 - Object &1 : Valuation area does not exist in AUC

SAP Error Message - Details

• Message type: E = Error

• Message class: HF - Error messages for PS reporting

• Message number: 215

• Message text: Object &1 : Valuation area does not exist in AUC

What causes this issue?

Interest is to be charged to WBS element &V1&. However, a capital
investment profile is entered in this WBS element which causes the
values in the relevant asset under construction, rather than the WBS
element itself, to be used for the calculation.
To this end, you must define the valuation area of the asset under
construction whose values are to be used in the interest calculation
and the area, in which all the values are capitalized in the periodic
settlement ("100% area").
Valuation area &V2& was entered as the basis for interest calculation
for an interest indicator and controlling area currency in the interest
profile entered in WBS element &V1&. However, this valuation area does
not exist for the relevant asset under construction.

System Response

No interest posted to &V1&.
Interest is nevertheless displayed in the log for the interest run.

How to fix this error?

Correct the valuation area in the interest profile for the WBS element.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message HF215 - Object &1 : Valuation area does not exist in AUC ?

  The SAP error message HF215 indicates that there is an issue with the Asset Under Construction (AUC) valuation area. Specifically, it means that the system cannot find the specified valuation area for the given object (asset) in the AUC.
  Cause:
  The error typically arises due to one of the following reasons:
  
  Missing Valuation Area: The valuation area specified for the asset does not exist in the system. This could be due to incorrect configuration or data entry.
  Incorrect Configuration: The configuration settings for the asset accounting module may not be set up correctly, leading to the system not recognizing the valuation area.
  Data Inconsistency: There may be inconsistencies in the master data for the asset, such as missing or incorrect entries in the asset master record.
  
  Solution:
  To resolve the HF215 error, you can take the following steps:
  
  
  Check Valuation Area Configuration:
  
  Go to the configuration settings in SAP (Transaction code: SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Valuation > Define Valuation Areas.
  Ensure that the valuation area you are trying to use is defined and active.
  
  
  
  Verify Asset Master Data:
  
  Use Transaction code: AS03 to display the asset master record.
  Check the valuation area field to ensure it is correctly populated and corresponds to an existing valuation area.
  
  
  
  Review AUC Settings:
  
  Ensure that the AUC settings are correctly configured in the system. This includes checking the settings for the asset class associated with the AUC.
  Use Transaction code: OAOA to check the settings for the asset class.
  
  
  
  Check for Data Consistency:
  
  Run consistency checks to identify any discrepancies in the asset data. You can use Transaction code: ABAVN for asset transactions or other relevant reports to check for inconsistencies.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for additional guidance on asset accounting and valuation area settings.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  AS03: Display Asset Master Record
  SPRO: Customizing Implementation Guide
  OAOA: Define Asset Classes
  ABAVN: Asset Transaction
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Forums: Consider visiting SAP community forums or user groups for shared experiences and solutions from other users who may have encountered the same issue.
  
  By following these steps, you should be able to identify and resolve the HF215 error in SAP.