/CCIS/RUTAX024 - Asset Value does not exist for & year.

SAP Error Message - Details

• Message type: E = Error

• Message class: /CCIS/RUTAX -

• Message number: 024

• Message text: Asset Value does not exist for & year.

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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AnswerBot

• What is the cause and solution for SAP error message /CCIS/RUTAX024 - Asset Value does not exist for & year. ?

  The SAP error message /CCIS/RUTAX024 Asset Value does not exist for & year typically occurs in the context of asset accounting within the SAP system. This error indicates that the system is unable to find the asset value for a specified asset in the given fiscal year. Here’s a breakdown of the potential causes, solutions, and related information:
  Causes:
  
  Missing Asset Values: The asset may not have been fully capitalized or may not have any values recorded for the specified year.
  Incorrect Fiscal Year: The fiscal year specified in the transaction may not match the years for which the asset has been set up.
  Data Migration Issues: If data was migrated from another system, there may have been issues that resulted in missing asset values.
  Asset Retirement or Disposal: If the asset has been retired or disposed of, it may not have values for the specified year.
  Configuration Issues: There may be configuration issues in the asset accounting settings that prevent the system from retrieving the asset values.
  
  Solutions:
  
  
  Check Asset Master Data: Verify the asset master data to ensure that the asset has been properly set up and that values exist for the specified year.
  
  Transaction Code: AS03 (Display Asset)
  
  
  
  Review Asset Transactions: Check the asset transactions to ensure that all necessary postings (acquisitions, transfers, retirements) have been made for the asset.
  
  Transaction Code: AW01N (Asset Explorer)
  
  
  
  Verify Fiscal Year Settings: Ensure that the fiscal year settings in the asset accounting configuration are correct and that the year in question is open for posting.
  
  Transaction Code: OB52 (Maintain Fiscal Year Variants)
  
  
  
  Check for Data Migration Issues: If the asset was migrated from another system, review the migration process to ensure that all necessary data was transferred correctly.
  
  
  Consult with Finance Team: If the issue persists, consult with the finance or accounting team to understand if there are any specific business rules or processes that might affect asset values.
  
  
  Run Reports: Use standard SAP reports to check for asset values and postings. Reports like S_ALR_87011963 (Asset History Sheet) can provide insights into asset values over time.
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. You can search for the error message or related keywords in the SAP Support Portal.
  Documentation: Review SAP documentation on Asset Accounting for detailed information on asset management processes and configurations.
  User Forums: Engage with SAP community forums or user groups to see if others have encountered and resolved similar issues.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.