Reference chart of dep. & does not exist in class & (Correct)

What causes this issue?

You have entered the chart of depreciation &V1& in asset class &V2& as
a reference. Chart of depreciation &V1&, however, does not exist in
this class.

System Response

Chart of depreciation &V1& cannot be used as a reference in class &V2&.

How to fix this error?

Enter another asset class with existing chart of depreciation as a
reference.

Error message extract from SAP system. Copyright SAP SE.