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Asset Variant Error

Hi SAP Gurus

I have problem in Assest Accounting when i am trying to create 01 Dep Area this is error message that the system giving. please help me i am mid air now...

Variant 1 01: Depr. area DE01 01 - no entry exists

Message no. AC647


There is an inconsistency in transfer variant 1 (relationship type 01 for chart of depreciation DE01).

No transfer variant has been defined for the cross-system depreciation area assigned to area 01.


Define a transfer variant for the cross-system depreciation area, or enter a generally valid transfer variant (cross-system depreciation area '*').

Thank you

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