How To Fix AA745 - No provision for recalculating depreciation in year &.

AA745 - Overview

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 745

• Message text: No provision for recalculating depreciation in year &.

What causes this issue?

You selected the function reacalculate depreciation for a closed fiscal
year. Depreciation can only be recalculated for open fiscal years
however.

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?

Correct your entries.
If it is necessary that you recalculate an already closed fiscal year
this is possible by removing the last closed fiscal year in Assets
Accounting Customizing. Once you have performed the recalculation
it is imperative that you run the depreciation posting run. In order to
do this, the fiscal year in Financial Accounting must naturally
be open for posting.

Error message extract from SAP system. Copyright SAP SE.

AA745 - Details

• The SAP error message AA745 ("No provision for recalculating depreciation in year &.") typically occurs in the Asset Accounting (FI-AA) module when there is an attempt to recalculate depreciation for an asset, but the system does not find the necessary provisions or settings to do so for the specified year.
  
  Cause:
  
  Missing Configuration: The depreciation area may not be configured to allow recalculation for the specified year.
  Closed Fiscal Year: The fiscal year for which you are trying to recalculate depreciation may be closed, preventing any changes.
  Incorrect Asset Master Data: The asset master data may not have the correct settings or may be incomplete.
  Depreciation Key Issues: The depreciation key assigned to the asset may not support recalculation.
  Posting Periods: The posting periods may not be open for the year in question.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for Asset Accounting and ensure that the depreciation area is set up correctly to allow recalculation for the