How To Fix MQ686 - Error recalculating depreciation: Company code &1 fixed asset &2 &3

SAP Error Message - Details

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 686

• Message text: Error recalculating depreciation: Company code &1 fixed asset &2 &3

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message MQ686 - Error recalculating depreciation: Company code &1 fixed asset &2 &3 ?

  The SAP error message MQ686 indicates that there is an issue with recalculating depreciation for a fixed asset in a specific company code. This error typically arises during the execution of depreciation runs or when trying to manually recalculate depreciation for an asset.
  Causes of Error MQ686
  
  Incorrect Configuration: The asset may not be properly configured in the system, leading to issues during depreciation calculation.
  Missing or Incorrect Master Data: The fixed asset master data might be incomplete or incorrect, such as missing useful life, acquisition value, or other relevant fields.
  Posting Period Issues: The posting period for the asset may be closed or not open for the depreciation run.
  Depreciation Keys: The depreciation key assigned to the asset may not be set up correctly or may not be applicable for the asset type.
  Transaction Data Issues: There may be inconsistencies in the transaction data related to the asset, such as incorrect postings or missing transactions.
  Technical Issues: There could be underlying technical issues, such as database inconsistencies or program errors.
  
  Solutions to Error MQ686
  
  
  Check Asset Master Data: Review the fixed asset master data for completeness and correctness. Ensure that all required fields are filled out, including useful life, acquisition value, and depreciation keys.
  
  
  Verify Configuration: Ensure that the asset is configured correctly in the system. Check the settings for the company code and the asset class to ensure they are appropriate.
  
  
  Open Posting Periods: Check the posting periods in the controlling area and ensure that the period for which you are trying to run depreciation is open.
  
  
  Review Depreciation Keys: Verify that the depreciation key assigned to the asset is valid and correctly configured. Make sure it aligns with the asset type and complies with the company's depreciation policies.
  
  
  Check Transaction Data: Look for any inconsistencies in the transaction data related to the asset. Ensure that all necessary transactions (acquisitions, retirements, transfers) have been posted correctly.
  
  
  Run Consistency Checks: Use SAP tools to run consistency checks on the asset accounting data. This can help identify any discrepancies that need to be resolved.
  
  
  Consult SAP Notes: Check the SAP Support Portal for any relevant SAP Notes that may address this specific error. There may be patches or updates that resolve known issues.
  
  
  Contact SAP Support: If the issue persists after checking the above points, consider reaching out to SAP Support for further assistance. Provide them with the error message details and any relevant logs or screenshots.
  
  
  Related Information
  
  Transaction Codes: You may use transaction codes like AS03 (Display Asset), AS02 (Change Asset), and AFAB (Run Depreciation) to manage and troubleshoot asset-related issues.
  Documentation: Refer to SAP documentation for Asset Accounting (FI-AA) for detailed information on asset management and depreciation processes.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify and resolve the cause of the MQ686 error in SAP.