AA773 - Useful life not permitted; see long text

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 773

• Message text: Useful life not permitted; see long text

What causes this issue?

You are using Japan-specific depreciation keys.
One or more of your fixed assets has a useful life of more than 100
years.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

The Japan-specific depreciation keys use information from a table
containing the depreciation percentage rates allowed by law (in ac
cordance with the ordinance for useful life, TAIYO NENSU SHOREI).
The following Japan-specific depreciation keys access the
above-mentioned table:
DB: Old Declining-Balance Method (using country-specific depreciation
method 2)
SLT: Old Straight-Line Method w/ Scrap Value (using country-specific
depreciation method 1)
SLI: Old Straight-Line Method w/o Scrap Value (using country-specific
depreciation method 1)
DS: Straight-Line Method after Method Change (using country-specific
depreciation method 1)
DB7: 250% Declining Balance Method (using country-specific depreciation
method 5, 6)
DB11: 200% Declining Balance Method (using country-specific depreciation
method 7, 8)
DS7: Straight-Line Method after 2007.04 (using country-specific
depreciation method 6)
DS11: Straight-Line Method after 2012.04 (using country-specific
depreciation method 8)
However, none of the depreciation percentage rates allowed by law are
based on a useful life of more than 100 years.

System Response

How to fix this error?

Correct either the depreciation key assignment or the useful life of the
fixed asset.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

AnswerBot

• What is the cause and solution for SAP error message AA773 - Useful life not permitted; see long text ?

  The SAP error message AA773, which states "Useful life not permitted; see long text," typically occurs in the Asset Accounting (FI-AA) module when there is an issue with the useful life of an asset being defined or used in a transaction. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  Invalid Useful Life: The useful life defined for the asset may not be valid according to the configuration settings in the system. This can happen if the useful life is set to a value that is not allowed based on the asset class settings.
  Asset Class Configuration: The asset class may have restrictions or specific settings that do not permit the defined useful life.
  Depreciation Areas: The depreciation area settings may not allow the specified useful life for the asset.
  Changes in Configuration: If there have been recent changes to the asset class or depreciation settings, it may lead to this error if the existing assets do not comply with the new rules.
  
  Solution:
  
  
  Check Asset Class Settings:
  
  Go to the Asset Accounting configuration (Transaction code: OAOA) and check the settings for the relevant asset class.
  Ensure that the useful life defined for the asset is within the permissible range.
  
  
  
  Review Useful Life Definition:
  
  Verify the useful life assigned to the asset in the asset master record (Transaction code: AS02).
  If necessary, adjust the useful life to a valid value.
  
  
  
  Depreciation Area Settings:
  
  Check the settings for the depreciation area associated with the asset (Transaction code: OADB).
  Ensure that the useful life is allowed in the depreciation area configuration.
  
  
  
  Consult Long Text:
  
  The error message suggests checking the long text for more details. You can do this by clicking on the message or using the transaction code SE91 to look up the message and its long text for specific guidance.
  
  
  
  Adjust Asset Master Data:
  
  If the asset has been created with an invalid useful life, you may need to adjust the asset master data accordingly.
  
  
  
  Consult with SAP Support:
  
  If the issue persists after checking the above settings, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  AS02: Change Asset Master Record
  OAOA: Define Asset Classes
  OADB: Define Depreciation Areas
  
  
  Documentation: Review SAP documentation related to Asset Accounting for detailed guidelines on asset class configuration and useful life settings.
  User Exits and BAdIs: If custom logic is implemented, check for any user exits or BAdIs that might affect the useful life settings.
  
  By following these steps, you should be able to identify and resolve the issue related to the AA773 error message in SAP.