Asset Revaluation Error in J1AI transaction

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Hi,

We are in the process of revaluating assets from Sep'09 to Dec'09 for our client in South America based on the indexes.. The last revaluation in the legacy system was done in Dec'06. And this is the date that has been given in the Inflation Method we are using in the Last Reval. Date field. We are using Dep Area 02 for inflation.

For testing purposes,

1) We have maintained only one index in "Maintain Inflation Indexes" for the date 30.09.2009.

2) "Maintain Posting Variant" with 30.09.2009 to 31.12.2009

3) "Maintained Time Base and Exposure to Inflation Variants"(TBE) with the same intervals from 30.09.2009 to 31.12.2009

4) Assigned the TBE created above in the "Maintain Period Control Methods"

5) Maintained a Revaluation Key and assigned the TBE, Period Control Method and Inflation Index to the Reval Key

6) Relevant Accout Determinations and Transaction Types have been maintained.

7) "Maintain Inflation Methods" has the Last Reval Date as 31.12.2006

Problem now we have is that when we run the J1AI transaction code with the asset Value date as 30.09.2009 and fiscal year as 2009, we get an error "Execute the program for 30.09.2008 first". I am not sure why the system is looking for an year back to run the revaluatuon program first. And even when I give the date as 30.09.2008 and year 2008 to run the reval, I get the error as "Enter a valid Asset Value Date".

Can anyone help me out how to resolve this and let me know if the configuration is correct?

Thanks in advance for your help.

Raj/