Parallel Currency (Currency Type 30) missing for area 01 in SFIN

[Former Member]

Hi,

I am facing an error while activating NEW ASSET ACCOUNTING in SFIN. The Error is "Parallel Currency (Currency Type 30) missing for area 01 chart of Dep XXXX". Please find below Image:

I had checked few below details:

1. IN OADB, Local Ledger has been created with Real Time Posting with a different Ledger. The posting will be chosen as "Area Posts APC Immediately"

2. In OABC, VALAD for Local GAAP & Book Depreciation is maintained as "00"

3. In OABD, Same Value has been maintained for ocal & Book.

Now I am unable to activate the New Asset Accounting in SFIN.

Please help.

Satya

[former_member221242 · Accepted solution]

Hi Satya,

Please check setting for parallel currency wrt Depre area .

spro--AA--valuation--curency--maintain data here.

-Kaushal

[Former Member · Accepted solution]

Hi,

I checked the same. I maintained same currency for both GAAP & LOCAL ledger. In Set up Parallel Currencies, Book Depreciation was maintained as '0' in VALAD column but for local it is showing as Blank. What value I need to maintain here i.e. '0' or '1'.

Satya

[former_member229024 · Accepted solution]

HI Satya,

The leading depreciation areas should have VALAD as 0 if they are posting real time to GL. All other local currency depreciation areas like for group currency will take over APC, depreciation terms from these leading areas based on accounting principle and will have group currency assigned to them.

Cheers.

[Former Member · Accepted solution]

Hi,

After performing all the solution suggested by you all, Still I am facing same issue. I checked in SFW5, Business Function for Parallel Valuation is already active. I am trying to activate New Asset Accounting. Please find below error screen:

Please suggest urgently. I am unable to process a single transaction for last few days.

Satya

[former_member229024 · Accepted solution]

Hi,

Pls. post OADB screen shot of chart of depreciation ZREC.

Cheers,

[Former Member · Accepted solution]

Hi,

Please find below OADB screenshot:

Please suggest. This is urgent.

Satya

[former_member229024 · Accepted solution]

Hi,

post the currency setup too in Asset accounting->general valuation->Currencies->Specify the use of parallel currencies and define depreciation area for foreign currencies.

Cheers,

[Former Member · Accepted solution]

Please find below both the screenshots:

Please suggest.

Satya

[ajaycwa1981 · Accepted solution]

Hi Satya

If you are in SFIN, then both Areas should have posting indicator 1 (Area Posts Real Time)

Ajay M

[Former Member · Accepted solution]

Hi,

I maintained both the depreciation area as "Area Posts in Real Time" in "Posting in GL". In "Set up Parallel Currencies" Book Depreciation coming as Default "00" whereas for Local Ledger I didn't maintain anything. Please find the screenshot:

Please suggest.

Satya

[former_member229024 · Accepted solution]

HI Satya,

Define. area 30 with Group currency , I can see it as blank in Crcy.type/val view column and put ValAd, Ttr as initial

Cheers,

[Former Member · Accepted solution]

Hi,

I am unable to make any changes in "Crcy.type/val view column" & what value (00 or 01) I will maintain in ValAd column?

Satya

[former_member229024 · Accepted solution]

Hi Satya,

value should be 00 for area 30

Define another area say 32 which takes value from 30 area and define its currency type as group currency. And this area wont post to GL.

Cheers,

[Former Member · Accepted solution]

Hi,

Many Thanks you all. After many discussions, client agreed to move on without Parallel ledger. So I removed all the relevant area for Non Leading Ledger. But still the error is showing as "Parallel Currency (Currency Type 30) missing for area 01 chart of Dep XXXX". Now I have a single Depreciation Area with Real time posting. I removed check from Parallel Accounting using GL in "Company Code Setting for the Ledger".

Please suggest as still unable to activate New Asset Accounting.

Thanks,

Satya

[former_member229024 · Accepted solution]

Hi Satya,

For activating New Asset accounting, the currency types in GL should match with depreciation area currency types. You have configured 01 area for local type , now configure another area for Group currency type which wont post to GL , but takes APC, Depr values from 01 area. As you have same currency INR in both types, but still this config is needed as prerequisite for activating new asset accounting.

Cheers.

[Former Member · Accepted solution]

Hi,

Please find below details maintained in system:

OKKP - Controlling Area Currency Type - 30 Group Currency

FINSC_LEDGER - Additional Local Currencies for Company Code

1st currency - 10 company code currency - INR

2nd currency - 30 Group Currency - INR

FI -AA

Asset Accounting (New) - General Valuation - Currencies

Define Depreciation Areas for Foreign Currencies

Dep Area 01 - INR

Dep Area 30 - INR, 00(No Adoption of values from depreciation area as Instructed by SAP Booklet), Check box is not selected (Identical transfer of acquisition value),

Specify the Use of Parallel Currencies - OABT (Table - T093A)

Dep Area 01

Dep Area 30 - No Group Currency Maintained as system is greyed out, No value maintained yet.

When I create Local Ledger, I am unable to maintain Group currency in Local Currency Tab. It only asked company Code, I provide the same & system adopts the values

Please suggest. If possible, Provide me steps for the same with values.

Satya

[former_member610186]

Dear Satya,

it is asking you to assign "30" currency type. As per new asset accounting your 0L and group reporting depreciation areas both post in real time. so you need to assign parallel currency to the same.

[Former Member]

Hi Satya,

you will have to remove the Identical flag in ' SPECIFY TRANSFER OF DEP TERMS’. Then in OABS ensure that your Book dep area and parallel currency Dep area has same 'value maintenance'. After ensuring this restored ‘IDENTICAL’ check box IN TCODE – ‘SPECIFY TRANSFER OF DEP TERMS’

Mak

[Former Member]

Hello Satya,

Please set up ledger and currencies and set this up 1 per ledger.

This has to be done before the asset accounting is setup.

So you will need to do this setting before you can use new asset accounting.

Regards

Rishab

[Former Member]

Satya,

If assets were made prior to activating 'additional' Depreciation Area 30 for Ledger parallel currency - it'll give error. For that mark the depreciation area 30 as 'copies values' indicator from 0L ledger based Book Depreciation Area, the main depreciation area.    

[Former Member]

Hi Satya

Please check in OB22. I think your company code has parallel currencies set up (Currency Type 30). In this case, you should have 1 depreciation area set up per ledger per parallel currency. So, please set up a depreciation area for currency type 30 and it should allow you to activate New Asset Accounting.

Regards

Sowmya

[Former Member]

Hi,

Please find the below screenshot:

I had already done the necessary steps as above for currency type. Still unable to activate the same.

Satya