How To Fix UCMA002 - &1: Percentage rate of valuation allowances has not been entered

UCMA002 - Overview

• Message type: E = Error

• Message class: UCMA - Assets/Liabilities

• Message number: 002

• Message text: &1: Percentage rate of valuation allowances has not been entered

What causes this issue?

In the customizing settings for &V1&, you chose one of these methods of
depreciation:
Declining-balance with reference at midyear
Declining-balance with reference at beginning of year
However, you did not specify a percentage rate.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Enter a value for the percentage rate of valuation allowances.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message UCMA002 - &1: Percentage rate of valuation allowances has not been entered ?

  The SAP error message UCMA002 indicates that a percentage rate for valuation allowances has not been entered in the system. This error typically arises in the context of asset accounting or financial accounting when the system requires a valuation allowance percentage to be defined for certain transactions or asset classes.
  
  Cause:
  
  Missing Configuration: The percentage rate for valuation allowances has not been configured in the system for the relevant asset class or transaction type.
  Incomplete Master Data: The asset master data may be incomplete or not properly maintained, leading to the absence of necessary valuation allowance information.
  Transaction Settings: The specific transaction you are trying to execute may require a valuation allowance percentage that has not been set up.
  
  
  Solution:
  
  
  Check Configuration:
  
  Navigate to the configuration settings for asset accounting in SAP.
  Ensure that the percentage rate for valuation allowances is defined for the relevant asset class. This can typically be found in the IMG (Implementation Guide) under:
  Financial