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


HF215 - Overview

  • 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

  • Show details Hide details
  • 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

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