AA559 - LVA maximum amount for company code &1 area &2 is not maintained

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 559

• Message text: LVA maximum amount for company code &1 area &2 is not maintained

What causes this issue?

You want to create a purchase order or purchase order request for a
low value asset. However, there is no LVA maximum amount entered in
company code &V1& for depreciation area &V2&.

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 the missing maximum amount for low value assets.

Error message extract from SAP system. Copyright SAP SE.

AnswerBot

• What is the cause and solution for SAP error message AA559 - LVA maximum amount for company code &1 area &2 is not maintained ?

  The SAP error message AA559 indicates that the maximum amount for a specific company code and area is not maintained in the system. This error typically occurs in the context of Asset Accounting (FI-AA) when you are trying to post a transaction that exceeds the defined limits for asset transactions.
  Cause:
  The error is caused by the absence of a defined maximum amount for the specified company code and area in the configuration settings. This can happen if:
  
  The maximum amount has not been set up in the system.
  The configuration for the asset area is incomplete or incorrect.
  The transaction you are trying to post exceeds the limits set in the configuration.
  
  Solution:
  To resolve this error, you need to maintain the maximum amount for the relevant company code and area. Here are the steps to do this:
  
  
  Access the Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: 
  Financial Accounting (New) -> Asset Accounting -> Master Data -> Asset -> Specify Maximum Amounts
  
  Alternatively, you can use transaction code OAYZ to directly access the configuration.
  
  
  
  Maintain Maximum Amounts:
  
  In the configuration screen, you will see a list of company codes and areas.
  Select the relevant company code and area for which you want to maintain the maximum amount.
  Enter the maximum amount that should be allowed for transactions in that area.
  
  
  
  Save the Changes:
  
  After entering the required information, save your changes.
  
  
  
  Re-attempt the Transaction:
  
  Once the maximum amount is maintained, try to post the transaction again that previously resulted in the error.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OAYZ: Configuration for maximum amounts in Asset Accounting.
  AS01: Create Asset.
  AS02: Change Asset.
  AS03: Display Asset.
  
  
  
  Documentation:
  
  Refer to SAP Help documentation for Asset Accounting for detailed information on configuring asset areas and maximum amounts.
  
  
  
  Testing:
  
  After making changes, it is advisable to test the configuration with a few transactions to ensure that the maximum amounts are being enforced correctly.
  
  
  
  If the issue persists after following these steps, it may be necessary to check for additional configuration settings or consult with your SAP support team for further assistance.