How To Fix ICC-KR803 - Depreciation method & is not straight-line

SAP Error Message - Details

• Message type: E = Error

• Message class: ICC-KR - Localization (South Korea)

• Message number: 803

• Message text: Depreciation method & is not straight-line

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message ICC-KR803 - Depreciation method & is not straight-line ?

  The SAP error message ICC-KR803 indicates that there is an issue with the depreciation method assigned to an asset. Specifically, it suggests that the depreciation method being used is not a straight-line method, which is often required for certain types of asset accounting or reporting.
  Cause:
  
  Incorrect Depreciation Method: The asset may have been assigned a depreciation method that is not compatible with the transaction or reporting requirements.
  Configuration Issues: The configuration settings in the asset accounting module may not be set up correctly, leading to the use of a non-straight-line depreciation method when a straight-line method is expected.
  Asset Class Settings: The asset class to which the asset belongs may have a default depreciation method that is not straight-line.
  Transaction Type: The transaction being processed may require a straight-line depreciation method, but the asset is set up with a different method.
  
  Solution:
  
  
  Check Asset Master Data: Review the asset master data to ensure that the correct depreciation method is assigned. If it is not straight-line and should be, change it to the appropriate method.
  
  Navigate to the asset master record (Transaction code: AS02) and check the depreciation method.
  
  
  
  Review Asset Class Configuration: Check the configuration of the asset class to ensure that it is set up to use the correct depreciation method.
  
  Use Transaction code: OAOA to review and modify asset class settings.
  
  
  
  Adjust Transaction Settings: If the transaction being processed requires a straight-line method, ensure that the asset is set up correctly to meet this requirement.
  
  
  Consult Documentation: Review SAP documentation or consult with your SAP support team for specific guidelines on the depreciation methods and their requirements.
  
  
  Testing: After making changes, perform a test transaction to ensure that the error does not reoccur.
  
  
  Related Information:
  
  Depreciation Methods in SAP: SAP supports various depreciation methods, including straight-line, declining balance, and others. Each method has its own rules and implications for financial reporting.
  Asset Accounting Configuration: Proper configuration of asset accounting is crucial for accurate financial reporting. This includes setting up asset classes, depreciation keys, and other related settings.
  SAP Notes and Support: If the issue persists, consider searching for relevant SAP Notes or reaching out to SAP support for further assistance.
  
  By following these steps, you should be able to resolve the ICC-KR803 error and ensure that your asset accounting is functioning correctly.