Hi,
We have the following scenario. The implementation was done with effect from 01 Jan 2008 and the Fixed Assets Data migration (Acquisition Value and the Accumulated Depreciation) was done on 31.12.2007. There after while we carry out the Depreciation Run for the month of Jan'08, during the Test Run, the system provides the error message - "Close the Previous Fiscal Year before carrying out the Depreciation Run". When we try to close the fiscal year 2007, the system gives the message - "No need to close the previous fiscal year 2007". Thus we are neither able to close the previous fiscal year nor are we able to carry out the Depreciation Run. Could any one advise as to what could be the problem and how can we proceed further ?
Thanks in advance.
Best Regards,