AA647 - Net book value positive in area & at fiscal year start

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 647

• Message text: Net book value positive in area & at fiscal year start

INCLUDE 'AA_AFA_ERROR' OBJECT DOKU ID TX LANGUAGE E

Error message extract from SAP system. Copyright SAP SE.

AnswerBot

• What is the cause and solution for SAP error message AA647 - Net book value positive in area & at fiscal year start ?

  The SAP error message AA647 ("Net book value positive in area & at fiscal year start") typically occurs in the Asset Accounting (FI-AA) module when there is an inconsistency in the asset's net book value (NBV) at the beginning of a fiscal year. This error indicates that the asset has a positive net book value, but the system is unable to process transactions for that asset due to the fiscal year start settings.
  Cause:
  
  Asset Not Fully Depreciated: The asset may not have been fully depreciated, and there are still remaining values that need to be accounted for.
  Incorrect Fiscal Year Settings: The fiscal year settings may not be correctly configured, leading to discrepancies in how the asset's values are recognized.
  Missing or Incorrect Depreciation Areas: The asset may have depreciation areas that are not set up correctly or are missing, causing issues with the calculation of net book value.
  Posting Period Issues: The posting periods may not be open for the fiscal year in question, preventing any transactions from being processed.
  
  Solution:
  
  Check Asset Master Data: Review the asset master data to ensure that all depreciation areas are correctly configured and that the asset is set up for the correct fiscal year.
  Review Depreciation Calculation: Ensure that the depreciation calculation has been performed for the asset. You can run the depreciation simulation to see if there are any issues.
  Open Posting Periods: Verify that the posting periods for the fiscal year are open. If they are closed, you may need to open them to allow for transactions.
  Adjust Asset Values: If the asset should not have a positive net book value at the start of the fiscal year, consider adjusting the asset values or performing a manual adjustment to bring the net book value to zero.
  Run Year-End Closing Procedures: If applicable, ensure that all year-end closing procedures have been completed for the previous fiscal year.
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like AS02 (Change Asset), AS03 (Display Asset), and AFAB (Run Depreciation) to manage and review asset data.
  SAP Notes: Check SAP Notes for any specific patches or updates related to this error message, as there may be known issues or fixes provided by SAP.
  Documentation: Refer to SAP documentation for Asset Accounting to understand the configuration and processes involved in managing assets and their depreciation.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in Asset Accounting for further assistance.