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Former Member
Aug 04, 2009 at 11:05 AM

Error during OASV


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.