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Error during OASV

Posted on Aug 04, 2009 at 11:05 AM 179 Views

Hello Gurus,

I am facing with a problem in Asset accounting.

I have changed the date of the legacy data transfer through customizing for a company to 01.01.2009 and then created a legacy asset in AS91 with capitalization date as 30.11.2007.And in the Takeover values tab i gave the below info

Cum Acq Value - 2700000

Acc Ord Dep - 2154000 (depreciation cal upto july 2009)

NBV - 536000

And saved the asset.

Now when i do the OASV posting with date 30.07.2009 with doc type AA, the system throws the error

"Posting not possible (last closed fiscal year is smaller than posting yr)

Message no. AC 704"

If i change the last closed fiscal year will there be any problem. please advise

Can anyone please tell me the process of how to generate the OASV posting for the legacy asset created.

Is there any other step that needs to be followed to do the same.

regards,

radhika

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3 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Aug 04, 2009 at 11:22 AM
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    HI,

    Can you please mention your transfer date and fiscal year. Whether it is calendar year or else please mention that.

    Thanks,

    Giridhar

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  • author's profile photo Former Member
    Former Member
    Posted on Aug 04, 2009 at 11:39 AM
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    Radhika,

    For opening balances upload entires please use transaction F-02 instead of OASV.

    There are some restrictions with OASV.

    First Switch off recon indicatror for your asset related recon GL account with OAMK.

    Post JV through F-02.

    Now again Switch on the recon indicator for the above said account.

    This will defenitely works, since i have done by this way only, when we have uploaded legacy assets.

    F-02 is more flexible transaction than OASV.

    Hope this works.

    Thanks,

    Srinu

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    • Former Member Former Member
      Aug 04, 2009 at 01:00 PM

      Hi,

      In OAMK screen select your company code and double click on Change control of recon accounts.

      Here if you want to switch off the recon indicators for all of your accounts at a single instance, click on button Delete recon indicators for all accounts, and if you want to switch it on, click on button Set recon indicators for all accounts in the down the screen.

      And check your offical inbox of accen.

      Thanks,

      Srinu

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  • author's profile photo Former Member
    Former Member
    Posted on Aug 04, 2009 at 12:59 PM
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    Hi Radhika,

    You can set it in OAK5.

    Thanks,

    Giridhar

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