Change of Time Dependent data in Asset Master

[former_member600294]

When I am trying to change the Cost center in the Asset Master, I am getting the following error:

Fiscal year 2007 is already closed in Financial Accounting.

Message no. AA669

Diagnosis

You have initiated a recalculation of asset values for fiscal year 2007. However, fiscal year 2007 is still open is Asset Accounting, but not in Financial Accounting.

System response

Due to this inconsistency between the General Ledger and the the subsidiary ledger, processing is terminated.

Procedure

Close fiscal year 2007 in Asset Accounting as well.

Am I missing out some steps bcoz the closings have been completed. Kindly advise.

Thanx

Shivaji

[Former Member]

T Code - AJRW .Change the asset fiscal year and proced

[Former Member]

hII SHIVAJI...

The error is thrown that year 2007 is already closed in financial accounting...

this is because u r working in asset account year 2007. here the issue is that the system wants the AA and FI both to be matched..,.

as per functionality u can have 2 years open in AA but in FI it is closed.,.

u just open year 2007 in T.Code OB52. and try again..

Or else other way is u transfer AA balances to 2008 and close the year 2007 in AA

than also it will solve ur problem

for closing u need to first transfer the balances to next year through t.code AJRW

and than year end close through t.code AJAB.

it will allow u...

Hope it helps u

assign points

sejal

[former_member600294]

Thank u for this valuable information.I am able to do the necessary changes.

I have another issue:

In the year 2006 asset purchased & charged with 100% rate of dep. wrongly.But in the year 2007 some capital exp. incurred for that asset & charged to that asset.Now we want to charge dep@19% on that asset from retrospective effect i.e from year 2006.& run the dep for the year 2007.I have tried it by changing the dep key in asset master.but it is not calculating the dep at 19%.

Pl. advice how to do this

Thanks

shivaji

How to do

[NathanGenez]

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