How To Fix ID_FIAA_IN_MC055 - Enter Valid G/L for Depreciation

ID_FIAA_IN_MC055 - Overview

• Message type: E = Error

• Message class: ID_FIAA_IN_MC -

• Message number: 055

• Message text: Enter Valid G/L for Depreciation

Self-Explanatory Message

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ID_FIAA_IN_MC055 - Details

• The SAP error message ID_FIAA_IN_MC055 "Enter Valid G/L for Depreciation" typically occurs in the context of asset accounting when there is an issue with the General Ledger (G/L) account assigned for depreciation. This error indicates that the system cannot find a valid G/L account for the depreciation posting related to an asset.
  Causes:
  
  Missing G/L Account Assignment: The asset master record may not have a valid G/L account assigned for depreciation.
  Incorrect Configuration: The configuration settings in the Asset Accounting module may not be set up correctly, leading to the system not recognizing the G/L account.
  Inactive G/L Account: The G/L account assigned for depreciation may be inactive or blocked in the chart of accounts.
  Account Determination Issues: The account determination settings for asset transactions may not be properly configured, leading to the system being unable to find the correct G/L account.
  
  Solutions:
  
  
  Check Asset Master Record:
  
  Go to the asset master record (transaction code AS02) and verify