SAP Message AA271 - No depreciation area specified for insurance type & (Correct)

Diagnosis
No depreciation area has been defined for insurance type &V1&. Anappropriate depreciation area has to be defined for each insurance typein order for the base insurable values to be correctly updated incurrent market value insurance, or for the insurance values to becorrectly determined in current market value insurance.

Procedure
Define a depreciation area for insurance type &V1&.