How To Fix IS403 - Maintain the currency for the acquisition value

SAP Error Message - Details

• Message type: E = Error

• Message class: IS - Equipment management

• Message number: 403

• Message text: Maintain the currency for the acquisition value

What causes this issue?

You have entered an acquisition value for the piece of
<GL:equipment>equipment</> without entering a
<GL:currency>currency</>.

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

System Response

How to fix this error?

Maintain a currency for the acquisition value.
The acquisition value is used for statistical evaluations that are
meaningless without the appropriate currency.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message IS403 - Maintain the currency for the acquisition value ?

  The SAP error message IS403, which states "Maintain the currency for the acquisition value," typically occurs in the context of asset accounting when you are trying to create or modify an asset master record, and the system requires a currency to be specified for the acquisition value of the asset.
  Cause:
  The error is usually caused by one of the following reasons:
  
  Missing Currency Information: The currency for the acquisition value has not been maintained in the asset master record.
  Incorrect Configuration: The configuration settings for the asset class may not have the currency defined properly.
  Data Entry Error: During the creation or modification of the asset, the user may have overlooked entering the currency.
  
  Solution:
  To resolve the IS403 error, you can follow these steps:
  
  
  Check Asset Master Record:
  
  Go to the asset master record (transaction code AS01 for create, AS02 for change).
  Ensure that the currency field for the acquisition value is filled in correctly.
  
  
  
  Maintain Currency in Asset Class:
  
  Navigate to the asset class configuration (transaction code OAOA).
  Check the settings for the relevant asset class and ensure that the currency is defined.
  
  
  
  Review Company Code Settings:
  
  Ensure that the company code settings are correctly configured to support the currency used for asset acquisition.
  You can check this in the configuration settings for the company code (transaction code OX02).
  
  
  
  Data Entry:
  
  If you are entering data manually, double-check that you have entered all required fields, including the currency for the acquisition value.
  
  
  
  Consult Documentation:
  
  If the issue persists, refer to SAP documentation or consult with your SAP support team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: AS01 (Create Asset), AS02 (Change Asset), OAOA (Asset Class Configuration), OX02 (Company Code Configuration).
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Roles: Ensure that the user has the necessary permissions to create or modify asset records.
  
  By following these steps, you should be able to resolve the IS403 error and successfully maintain the currency for the acquisition value in SAP.