How To Fix /PM0/ABB_MESSAGES624 - Year of value determination must be later than construction year

SAP Error Message - Details

• Message type: E = Error

• Message class: /PM0/ABB_MESSAGES -

• Message number: 624

• Message text: Year of value determination must be later than construction year

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message /PM0/ABB_MESSAGES624 - Year of value determination must be later than construction year ?

  The SAP error message /PM0/ABB_MESSAGES624 indicates that there is an issue with the year of value determination in relation to the construction year of an asset or a project. This error typically arises in the context of asset management or project management modules within SAP, particularly when dealing with asset valuations or project cost assessments.
  Cause:
  The error occurs when the year specified for value determination is earlier than the construction year of the asset or project. This can happen due to:
  
  Incorrect Data Entry: The user may have mistakenly entered a year that is earlier than the actual construction year.
  System Configuration Issues: There may be configuration settings in the system that are not aligned with the business rules regarding asset valuation.
  Data Migration Issues: If data has been migrated from another system, there may be inconsistencies in the year values.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Construction Year: Verify the construction year of the asset or project in question. This can usually be found in the asset master record or project details.
  
  
  Update the Year of Value Determination: Ensure that the year of value determination is set to a year that is later than the construction year. You can do this by:
  
  Navigating to the relevant transaction or screen where the value determination year is set.
  Updating the year to a valid value.
  
  
  
  Review Configuration Settings: If the issue persists, review the configuration settings in the SAP system to ensure that they align with your organization's policies regarding asset management and project valuation.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on the transaction or module you are working with.
  
  
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), or CJ20N (Project Builder) depending on where the error is occurring.
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address the issue.
  User Roles and Authorizations: Ensure that you have the necessary permissions to make changes to asset or project data.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.