Posting not possible in company code 9000; specify open fiscal year S4HANA

[msshihab1987]

Hi,

When i am trying to create new asset in S4HANA system, system is populating the following error message

Message no. FAA_CMP047

Diagnosis

For company code 9000 in Asset Accounting, the open fiscal year has not yet been specified.

This error typically occurs when setting up a new company code.

It is necessary to create at least one legacy data transfer segment, even if you do not want to perform a legacy data transfer. Background: At creation of this first legacy data transfer segment, the system implicitly derives the current fiscal year and the last closed fiscal year from the legacy data transfer date field (if these fields have not yet been filled).

Example:

You create a new legacy data transfer segment and specify the legacy transfer date on the last day of fiscal year 2020 which is December 31, 2020.

=> The derived closed fiscal year is 2020.

=> The derived open fiscal year is 2021.

System Response

Posting is not possible.

Procedure

Check and correct the settings for the company code (either with transaction FAA_CMP or with the Company Code Settings tile).

If necessary, create a legacy data transfer segment, and specify the legacy transfer date.

[ankurch]

Have you also check OB52?

[former_member327562]

Hi,

I am Facing same issue, I have maintained the Asset data transfer parameters but still having same error.

Rahul

[raj77]

Hi,

No Need to do Legacy Data Transfer

Double click 0L(leading ledger) under your Company Code folder

You can view current closed fiscal year under Depreciation Area Settings

If your closed fiscal year is your current fiscal year then

Select entry and click on Close button(above) then your closed fiscal year should be previous year that means your current fiscal year is open. you can acquire new assets.

Regards,

Raj

[reddysagar526]

Hi, follow the below steps:

1. Maintain calenders assignment to your Fiscal Year variant in OAVH.

Or

2. Generate period control directly path: img - AA-Depreciation-valuation methods-period control- generate period control.

3.In FAA_CAMP or OAAQ your company code will update- maintain transfer date and your good to go further steps.

[Majobo79]

Hi!

Im also facing the situation in S/4 Hana Finance. I want to post into 2019. Ive the correct parameters in faa_cmp migration date 31.12.2018. but the error still exist: specify open period...

Tcodes OAAQ, AJRW doesn't exist anymore.

Kind Regards

Marco

[msshihab1987]

Hi,

Thank you for your suggestions,

I have tried the step that you have mentioned, still getting the same error message.

OAAQ is updated with the Closed FY 2017

Regards

Shihab

[soyeiur]

I agree with Gani. Company code status should be for testing.

Please have a look in path SPRO->Fa->AA->Asset data transfer. Maintain the values and then it should work for you.

[former_member599821]

Hi,

Even if you plan no legacy transfer, please input some data in FAA_CMP. Is the company code status set "for testing"? Also, on the legacy Data transfer tab, enter some data, if only for testing and save: For example: Transfer Date 31.12.2018, Status In Preparation, Doc Type UE.

The system should then allow you to post in 2019 I guess. You can also try to do a year-end closing using transaction AJAB for 2018.

And finally check the tcode AOOQ, you should be able to see the closing fiscal year.

Regards,

Mohammed