How To Fix KM253 - No currency was found for depreciation area &

KM253 - Overview

• Message type: E = Error

• Message class: KM - Error messages for Profit Center Accounting

• Message number: 253

• Message text: No currency was found for depreciation area &

What causes this issue?

The system could not find a currency for depreciation area &V1& in
company code &V2&.

System Response

The system cannot transfer the asset portfolios in company code
&V2&.

How to fix this error?

Maintain the depreciation area in Customizing for Asset Accounting
or choose another depreciation area.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KM253 - No currency was found for depreciation area & ?

  The SAP error message KM253 ("No currency was found for depreciation area &") typically occurs in the context of Asset Accounting (FI-AA) when the system is unable to find a valid currency configuration for a specific depreciation area. This can happen during various processes, such as asset posting, depreciation calculation, or reporting.
  Causes:
  
  Missing Currency Configuration: The depreciation area may not have a defined currency in the configuration settings.
  Incorrect Settings: The settings for the asset or the company code may not be correctly configured to include the necessary currency information.
  Inactive Depreciation Area: The depreciation area might be inactive or not properly set up in the asset master record.
  Data Migration Issues: If data was migrated from another system, there may be inconsistencies or missing data related to currency settings.
  
  Solutions:
  
  
  Check Depreciation Area Configuration:
  
  Go to the configuration settings for Asset Accounting (Transaction code: OAOA).
  Ensure that the depreciation area in question has a valid currency assigned.
  
  
  
  Review