How To Fix KM255 - No account "normal depreciation" found for asset &

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 255

• Message text: No account "normal depreciation" found for asset &

What causes this issue?

You have not maintained an accumulated depreciation account for
ordinary depreciation for chart of accounts &V2& and account allocation
key &V3& in depreciation area &V4&.

System Response

The system did not transfer the value for this asset.

How to fix this error?

Maintain the data in Customizing for Asset Accounting.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KM255 - No account "normal depreciation" found for asset & ?

  The SAP error message KM255 "No account 'normal depreciation' found for asset &" typically occurs when the system cannot find the appropriate account for normal depreciation in the asset accounting module. This can happen for several reasons, and here are the common causes, solutions, and related information:
  Causes:
  
  Missing Account Assignment: The account for normal depreciation may not be assigned in the asset master record.
  Incorrect Configuration: The configuration for the chart of accounts or the asset accounting settings may be incorrect or incomplete.
  Account Determination Issues: The account determination settings in the configuration may not be set up correctly for the asset class.
  Inactive or Deleted Accounts: The account that was previously assigned may have been deleted or made inactive in the chart of accounts.
  
  Solutions:
  
  
  Check Asset Master Record:
  
  Go to the asset master record (transaction code AS02) and check the account assignment for the asset. Ensure that the normal depreciation account is correctly assigned.
  
  
  
  Review Account Determination:
  
  Navigate to the configuration settings for asset accounting (transaction code SPRO).
  Follow the path: Financial Accounting (New) > Asset Accounting > Account Determination > Define Depreciation Areas.
  Ensure that the correct accounts are assigned for the relevant depreciation area.
  
  
  
  Verify Chart of Accounts:
  
  Ensure that the chart of accounts being used is correctly configured and that the necessary accounts for normal depreciation exist and are active.
  
  
  
  Check Asset Class Configuration:
  
  Go to the asset class configuration (transaction code OAOA) and verify that the asset class has the correct settings for normal depreciation.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about the correct accounts or configurations, consult with your finance or accounting team to ensure that the settings align with your organization's accounting policies.
  
  
  
  Test with a New Asset:
  
  As a troubleshooting step, create a new asset with the same asset class and check if the error persists. This can help identify if the issue is specific to a particular asset.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  AS02: Change Asset Master Record
  OAOA: Define Asset Classes
  SPRO: SAP Reference IMG (Implementation Guide)
  
  
  
  Documentation: Refer to SAP Help documentation for Asset Accounting for detailed guidance on configuration and account determination.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  
  
  By following these steps, you should be able to identify and resolve the issue causing the KM255 error message in SAP.