When I am trying to create an asset I am getting an error "Information about last completed fiscal year is incomplete" which is asking me to create a record under "Legacy Data Transfer" under the customizing "Make Settings for Company Code (t code - FAA_CMP). But in this customizing my Company Code is not available, and there is no option to insert a new record.
Could someone guide me if I am missing any config in Chart of Depreciation or Depreciation Area because of which my company code is not available under the customization "Make Settings for Company Code".
Error Message & description
Message no. AY159
For valuation area 92, company code BMIE still does not contain information about the last closed fiscal year.
Processing terminates.
Check the last closed fiscal year for the valuation area. You can check this in Customizing for Asset Accounting under Make Settings for Company Code (transaction FAA_CMP).
If the last closed fiscal year is initial, the current error message is rightly issued.
To resolve the problem, check whether the Legacy Data Transfer tab contains at least one segment for the legacy data transfer.
If it is not possible to set a closed fiscal year for the valuation area, contact SAP.