Chart of dep. & in class & marked for deletion

What causes this issue?

The chart of depreciation &V1& in asset class &V2& is marked for
deletion.

System Response

The asset class cannot be used to create an asset in this company code.

How to fix this error?

You have the following options:
Use another asset class.
Check if the chart of depreciation is correctly allocated to the
company code.
Check whether it is correct to delete the chart of depreciation &V1& in
class &V2&.

Error message extract from SAP system. Copyright SAP SE.