SAP Knowledge Base Article - Public

3068338 - AC 520 - Depreciation key XXXX is not defined in chart of depreciation XXXX creating an asset - SAP S/4HANA Cloud Public Edition

Symptom

Creating an asset results in AC 520 - Depreciation key XXXX is not defined in chart of depreciation XXXX OR AA119 - Depreciation key & not allowed (Check your entry)

Environment

SAP S/4HANA Cloud Public Edition

Reproducing the Issue

When creating an asset using the Manage Fixed Assets, Manage Legacy Assets app or the master data template from the migration cockpit. 

Cause

In the SSCUI 4. Specify Valuation Views for Asset Class  (102609) for asset class the default depreciation key for accounting principle is set to a depreciation key that is not available for the chart of depreciation.

Resolution

In the SSCUI 4. Specify Valuation Views for Asset Class  (102609), for asset class change the default depreciation key for accounting principle to a depreciation key that is available for the chart of depreciation.

Keywords

AA119 , KBA , FI-AA-AA-C , Transactions , FI-AA-AA-C-2CL , Transactions (Public Cloud) , Problem

Product

SAP S/4HANA Cloud Public Edition all versions ; SAP S/4HANA Cloud all versions