Dear Team,
I have an issue while settling WBS to assets here i am getting error as no depriciation area is there for cost. error message is "No area exists for cost accounting valuation
Message no. AW217
Diagnosis
You need to have at least one depreciation area that manages values for cost accounting. The values from this depreciation area always have to be capitalized 100%. Therefore, no version can be assigned to this area. The area can be the book depreciation area, or an area that has a cost-accounting area type.
One of these reasons could explain the error:
If your company code currency is different from your controlling area currency and you do not use a capitalization version in the book depreciation area, you need an area which is designated as a cost-accounting area (area type 7) and is managed in controlling area currency.
If your company code currency is different from your controlling area currency and you do use a capitalization version in the book depreciation area, you need an area which is designated as a cost-accounting area (area type 7) and is managed in company code currency, and a further area which adopts values from this area and is managed in controlling area currency.
Procedure
Please check
the definition of your depreciation areas
the active depreciation areas of your asset classes for assets under construction."
i checked already we have cost dep and i checked that type as 07 but still i am getting same error.
Kindly help me on this issue.
Regards,
Nagaraju.