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Former Member
Jun 01, 2008 at 10:16 AM

I have a requirement to reverse the capitalization of this asset

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Dear All,

An asset was acquired in 12th period of the fiscal year 2007. Now the FI Posting and the Asset Accounting posting have been closed for the year 2007.

I have a requirement to reverse the capitalization of this asset. I tried to perform the reversal through AB08 but it gives the following error:

"You cannot post to this asset (Fiscal year already closed)

Message no. AA 370"

Please suggest a method to perform the reversal.

Thanks in advance,

Regards

sandhati srinivas