Depreciation posting error in AFAB

[Former Member]

Hi,

We have closed FY2009 for assets, later observed that depreciation for 12th period in year 2009 was not posted. we are trying to post depreciation for new FY2010 but getting following error.

You can only post in new year after closing the previous year.

Message no. AA687

we are trying to open the FY2009 in AJRW but system not allowing us to do the same. Error message is "Fiscal year change requested for the past".

The transfer date of asset /Last Closed Fiscal Year for our company code is 02/27/2010.

When we tried to change closed FY2009 to FY2008 in transaction OAAQ system giving following message.

Transfer date 02/27/2010 is more than one year after the closed fiscal year.

Message no. AC187

Diagnosis

Your specification for the legacy data transfer date 02/27/2010 is more than one year after the last closed fiscal year 2008. You can only transfer legacy asset data at the end of the last closed fiscal year, or using a date during the fiscal year in the fiscal year following the last closed fiscal year.

Procedure

Correct your entries.

Need your advise how can we open the FY 2009 and post depreciation for period 12. We are unable to post depreciation since period 12 year 2009 and all periods in FY 2010 because of above mentioned problem.

Regards

Vijay.

[Former Member]

Resolved my self.

[former_member344460]

Hi Vijay,

May I know how this issue was resolved by you.. I too face a similar issue.

Thanks

Jaswanth

[madhusoodanan_ramachandra]

Hi,

At any point of time, you can open only two years in asset accounting.

You need to reopen the year thru OAAQ.

However, You will get this error message if you are trying to open the year beyond the cutover date year mentioned in the following settings.

IMG->Financial Accounting (New)->Asset Accounting->Asset Data Transfer->Parameters for Data Transfer->Date Specifications

1) Specify Transfer Date/Last Closed Fiscal Year (It is recommended to maintain takeover date similar to your cutover date

I can understand from your error message that the legacy cut over data configured by you is 02/27/2010. Hence, you can't open the year 2009 which is illogical.

You may need to correct this date, if it got changed accidently.

Best Regards,

Madhu