Our earlier FY was from April'06 to March'07.
We closed the period April'07 to Sep'07 and opened a new FY which is Oct'07-Sep'08.
We have defined this new FY and assigned it to the only company code we are having. The FI transaction are running fine.
However we are facing problems in Asset Accounting.
Now our first period is FY 2008 period 1 (Oct'07). When we are running dep (AFAB) for FY 2008 period 1 the system is giving error message (Message no. AA730) which says "The last posting run in period 007 2007 was terminated by an error. Before any more posting runs are performed, you must restart the posting run for period 007 2007".
But our FY nxt FY is from Oct'07.