How To Fix IF019 - Depreciation area &1 is managed in currency &3 in company code &2

SAP Error Message - Details

• Message type: E = Error

• Message class: IF - Messages re interest accounting in PS/CO/IM

• Message number: 019

• Message text: Depreciation area &1 is managed in currency &3 in company code &2

What causes this issue?

In the interest profile, you have entered depreciation area &V1&
as the basis of assessment for calculating the interest on assets
under construction. In company code &V2&, the currency used
for this depreciation area is &V3&.
This is not the currency used in the related controlling area.

System Response

The system does not calculate interest for the object in question,
because interest can only be calculated using the currency of the
controlling area.

How to fix this error?

Use a depreciation area that is managed in the same currency as the
controlling area as your basis of assessment for calculating the
interest on investment measures.
If the interest does not have to be calculated exactly on the basis of
the capitalized values on the AuC, you can enter depreciation area " "
as the basis of assessment. This means that the interest from the debits
posted to the project is calculated regardless of when the debits
were settled and regardless of the recipient to which they were settled.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message IF019 - Depreciation area &1 is managed in currency &3 in company code &2 ?

  The SAP error message IF019 indicates that there is a mismatch in the currency settings for a specific depreciation area in a company code. This error typically arises when you attempt to perform an operation (like posting an asset transaction) that involves a depreciation area that is set to be managed in a currency different from what is currently being used or expected.
  Cause:
  
  Currency Mismatch: The depreciation area specified is configured to be managed in a currency that does not match the currency of the transaction or the company code.
  Configuration Issues: The settings for the asset accounting may not be correctly configured, leading to inconsistencies in currency management.
  Transaction Currency: The currency of the transaction being processed does not align with the currency settings of the depreciation area.
  
  Solution:
  
  
  Check Depreciation Area Settings:
  
  Go to the configuration settings for Asset Accounting (Transaction code: OAYZ).
  Verify the currency settings for the depreciation area in question. Ensure that it is set to the correct currency that matches the company code currency or the transaction currency.
  
  
  
  Review Company Code Settings:
  
  Check the currency settings for the company code (Transaction code: OX02).
  Ensure that the company code currency is correctly defined and that it aligns with the depreciation area settings.
  
  
  
  Adjust Transaction Currency:
  
  If the transaction is being processed in a different currency, consider adjusting the transaction to use the correct currency that matches the depreciation area.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for further insights on managing currencies in asset accounting.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the settings, consider reaching out to SAP support for assistance, as they can provide more detailed guidance based on your specific configuration.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OAYZ: Configuration for Asset Accounting.
  OX02: Configuration for Company Code settings.
  
  
  
  Asset Accounting Configuration: Understanding how depreciation areas are configured in relation to currencies is crucial for troubleshooting this error.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  
  
  By following these steps, you should be able to resolve the IF019 error and ensure that your asset transactions can be processed without currency-related issues.