In SAP, Cost Objects are assigned to Assets in asset master record. All the cost posting (APC and Depreciation) requires a Cost Object. The setting need to be maintained in ACSET for the system to post to relevant Cost Object such as Cost Center, WBS element or Internal Order during Depreciation run and APC postings.
You can maintain these setting for different transaction types or you can mention ‘*’ to include all transactions.
If you do not maintain these setting you will get error requesting Cost Center during depreciation run or APC postings. If you are using New G/L, you might get Profit Center balancing or Segment balancing error.
One Comment
We just found that when running AFAB, if you get this error, check to be sure you haven’t changed any Field Status Groups on any of the Asset Related G/L Account numbers. We changed ours to block the Cost Centers from being pulled into our consolidation program and it caused AFAB to not be able to pull the Profit Center to the depr posting program.