AA940 - Index series & has no age-related indexing (Please correct)

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 940

• Message text: Index series & has no age-related indexing (Please correct)

What causes this issue?

Index series &V1& is not age-related. However, you require age-related
indexing.

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 an index series with age-related indexing.

Error message extract from SAP system. Copyright SAP SE.

AnswerBot

• What is the cause and solution for SAP error message AA940 - Index series & has no age-related indexing (Please correct) ?

  The SAP error message AA940 indicates that there is an issue with the asset accounting (AA) index series in the system. Specifically, it suggests that the index series does not have age-related indexing, which is necessary for the proper calculation of depreciation and other asset-related processes.
  Cause:
  The error typically arises due to one of the following reasons:
  
  Missing Index Series Configuration: The index series for the asset in question has not been properly configured to include age-related indexing.
  Incorrect Asset Master Data: The asset master data may not be set up correctly, leading to inconsistencies in how the asset is processed.
  System Settings: The system settings for asset accounting may not be aligned with the requirements for age-related indexing.
  
  Solution:
  To resolve the AA940 error, you can follow these steps:
  
  
  Check Asset Master Data:
  
  Go to the asset master record (transaction code AS03) and verify the settings related to the index series.
  Ensure that the asset is assigned to the correct index series that supports age-related indexing.
  
  
  
  Configure Index Series:
  
  Use transaction code OAYD to access the configuration for index series.
  Check if the index series used by the asset is set up for age-related indexing. If not, you may need to create or modify the index series to include age-related indexing.
  
  
  
  Review Depreciation Areas:
  
  Ensure that the depreciation areas associated with the asset are correctly configured to handle age-related indexing.
  You can check this in the asset master data under the depreciation area settings.
  
  
  
  Run the Asset Accounting Program:
  
  After making the necessary changes, run the asset accounting program (transaction code ABAA or AFAB) to recalculate the depreciation and update the asset records.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for detailed guidance on configuring index series and asset accounting settings.
  
  
  
  Seek Help from SAP Support:
  
  If the issue persists after checking the above configurations, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  AS03: Display Asset Master Record
  OAYD: Configure Index Series
  ABAA: Manual Depreciation
  AFAB: Run Depreciation
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on asset accounting configurations.
  
  
  Documentation: Review the SAP Asset Accounting documentation for best practices and configuration guidelines.
  
  
  By following these steps, you should be able to resolve the AA940 error and ensure that your asset accounting processes function correctly.