Diagnosis

When you create an asset, the system determines the chart of depreciation from the company code definition. In order for a chart of depreciation to be available for an asset class during asset maintenance, the chart of depreciation has to be entered for that asset class (Determine class valuation). Chart of depreciation ADD1 that was determined is not entered for asset class ADD1-B.

System Response

You cannot create any assets in your company code for this class.

Procedure

You can do one of the following:

• Use another asset class, for which chart of depreciation ADD1 is defined.

• Maintain the asset class valuations for asset class ADD1-B in chart of depreciation ADD1. Chart of depreciation ADD1 has to be specified in order for you to be able to maintain the valuation parameters of asset class ADD1-B for chart of depreciation ADD1.

SOLUTION:

STEP 1: Go to T- Code OAYZ or follow the below path

STEP 2: Select your Asset Class and then select Depreciation Areas

STEP 3: Untick the Deactivation Tick mark and then provide the Layout, Depreciation Key, Useful life and SAVE.

Thanks,

Adharsh K S