SAP Message AW217 - No area exists for cost accounting valuation

Diagnosis
You need to have at least one depreciation area that manages values forcost accounting. The values from this depreciation area always have tobe capitalized 100%. Therefore, no version can beassigned to this area. The area can be the book depreciation area, oran area that has a cost-accounting area type.
One of these reasons could explain the error:

  • If your company code currency is different from your controlling area
  • currency and you do not use a capitalization version in the bookdepreciation area, you need an area which is designated as acost-accounting area (area type 7) and is managed in controlling areacurrency.
    • If your company code currency is different from your controlling area
    • currency and you do use a capitalization version in the bookdepreciation area, you need an area which is designated as acost-accounting area (area type 7) and is managed in company codecurrency, and a further area which adopts values from this area and ismanaged in controlling area currency.

      Procedure
      Please check

      • the definition of your depreciation areas

      • the active depreciation areas of your asset classes for assets
      • under construction.

193210Settlement to asset: AW217, F5703, RW022 etc
456643CJZ1: Error message HF214 HF215 IF019/no interest calculated