How To Fix RECEAA002 - No depreciation key assigned

SAP Error Message - Details

• Message type: E = Error

• Message class: RECEAA - Messages Valuation Asset Integration

• Message number: 002

• Message text: No depreciation key assigned

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message RECEAA002 - No depreciation key assigned ?

  The SAP error message RECEAA002: No depreciation key assigned typically occurs in the context of Asset Accounting (FI-AA) when you are trying to post a transaction related to an asset, but the system cannot find a depreciation key assigned to the asset master record. This key is essential for calculating the depreciation of the asset.
  Cause:
  
  Missing Depreciation Key: The asset master record does not have a depreciation key assigned in the relevant asset class.
  Incorrect Asset Class Configuration: The asset class may not be configured properly to include a depreciation key.
  Data Entry Error: During the creation or modification of the asset master record, the depreciation key may have been overlooked or incorrectly entered.
  
  Solution:
  To resolve the error, follow these steps:
  
  
  Check Asset Master Record:
  
  Go to the transaction code AS02 (Change Asset Master Record).
  Enter the asset number and the company code.
  Check the Depreciation Area tab to see if a depreciation key is assigned.
  
  
  
  Assign a Depreciation Key:
  
  If the depreciation key is missing, you can assign it directly in the asset master record.
  Select the appropriate depreciation key based on the asset's characteristics and the company's accounting policies.
  
  
  
  Review Asset Class Configuration:
  
  Go to transaction code OAOA (Define Asset Classes).
  Check the configuration of the asset class to ensure that a default depreciation key is set up.
  If necessary, modify the asset class to include a depreciation key.
  
  
  
  Consult Documentation:
  
  Review the company’s accounting policies or consult with the finance team to ensure the correct depreciation key is being used.
  
  
  
  Test the Changes:
  
  After making the necessary changes, try to post the transaction again to see if the error is resolved.
  
  
  
  Related Information:
  
  Depreciation Keys: These are defined in the system to determine how the depreciation for an asset is calculated. Common depreciation methods include straight-line, declining balance, etc.
  Transaction Codes:
  
  AS01: Create Asset Master Record
  AS02: Change Asset Master Record
  AS03: Display Asset Master Record
  OAOA: Define Asset Classes
  
  
  Documentation: SAP Help Portal and internal documentation may provide additional insights into asset accounting configurations and best practices.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant specializing in Asset Accounting.