GC075 - Period of amortization has not been specified

SAP Error Message - Details

• Message type: E = Error

• Message class: GC - Error Messages for Consolidation/Extended General Ledger

• Message number: 075

• Message text: Period of amortization has not been specified

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

AnswerBot

• What is the cause and solution for SAP error message GC075 - Period of amortization has not been specified ?

  The SAP error message GC075, which states "Period of amortization has not been specified," typically occurs in the context of asset accounting when you are trying to post a transaction related to an asset that requires a defined period of amortization but does not have one set.
  Cause:
  
  Missing Amortization Period: The asset in question does not have an amortization period defined in its master data.
  Incorrect Asset Class Configuration: The asset class may not be configured to allow for amortization, or the settings may not be properly defined.
  Transaction Type: The transaction you are trying to execute may require an amortization period that has not been set up for the asset.
  
  Solution:
  
  
  Check Asset Master Data:
  
  Go to the Asset Master Data (Transaction Code: AS02).
  Enter the asset number and check the details.
  Ensure that the "Amortization" tab has the period of amortization specified. If it is missing, you need to enter the appropriate values.
  
  
  
  Review Asset Class Settings:
  
  Check the configuration of the asset class (Transaction Code: OAOA).
  Ensure that the settings for the asset class allow for amortization and that the necessary parameters are defined.
  
  
  
  Define Amortization Period:
  
  If the asset is supposed to have an amortization period, you may need to define it in the system. This can usually be done in the asset master data or through configuration settings.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to asset accounting for more detailed guidance on setting up amortization periods.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide assistance based on your specific configuration and requirements.
  
  
  
  Related Information:
  
  Transaction Codes: AS02 (Change Asset Master), OAOA (Define Asset Classes).
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Documentation: Review the SAP Asset Accounting documentation for best practices on managing asset amortization.
  
  By following these steps, you should be able to resolve the GC075 error and ensure that your asset transactions can be processed correctly.