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Posting Not possible in Company code XXXX, Specify Open Fiscal Year, Message FAA_CMP047

Hello,

I am getting this error while creating Asset Master data (AS01).

I followed the procedure as per the error message diagnosis (FAA_CMP) with no luck.

Any suggestions/help is highly appreciated.

Thanks,

Bala

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5 Answers

  • Feb 28 at 08:28 AM

    Hello,

    You have to do the below configuration even if you are not migrating old assets or doing go-live.

    SAP Customizing Implementation Guide (SPRO) -> Financial Accounting -> Asset Accounting -> Asset Data Transfer -> Parameters for Data Transfer

    Complete the below two steps:

    1. Define Transfer Date and Additional Parameters

    2. Specify Offsetting Account for Legacy Data Transfer

    After doing these two steps, check the Company code closed fiscal year status in OAAQ. If you find the closed fiscal year, then you can try once again.

    2555712 - Dump at AB01 postings without LDT segment in FAA_CMP

    Hope this helps,

    NSK

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    • Hello Narasimhulu,

      I tried the same activities for Asset Accounting by creating another new Company Code. Completed two IMG activities as suggested by you for my Company Code. In Legacy Data Transfer tab, I entered the Transfer Date as 31.12.2018 and changed Legacy Transfer Status to “Completed”. I specified an Offsetting GL against my COA.

      The Closed Fiscal Year now shows 2018 in OAAQ.

      When I am trying to create Asset Master again in my Company Code, getting the same error as before:

      “Posting not possible in Company Code XXXX, specify open Fiscal Year”

      “Errors occurred for Asset XXXX (Company Code) in Fiscal Year 2019.

      Am I doing something wrong here or any other IMG activity needs to be completed along with this?

      Any other thoughts?

      -Bala

  • Feb 28 at 07:34 PM

    Hello Narasimhulu,

    Thanks a lot for your reply. Really appreciate your help on this.

    I completed two IMG activities as suggested by you for my Company Code. In Legacy Data Transfer tab, I entered the Transfer Date as 31.12.2018 and changed Legacy Transfer Status to “Completed”. I specified an Offsetting GL against my COA.

    The Closed Fiscal Year now shows 2018 in OAAQ.

    When I am trying to create Asset Master again in my Company Code, getting the same error as before:

    “Posting not possible in Company Code XXXX, specify open Fiscal Year”

    “Errors occurred for Asset XXXX (Company Code) in Fiscal Year 2019.

    Am I doing something wrong here or any other IMG activity needs to be completed along with this?

    Any help is highly appreciated and thanks again.

    -Bala

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  • Mar 04 at 08:00 AM

    Hello Bala,

    Could you please check the below OSS Note and confirm if it helps?

    2669552 - CMP object: Missing entry for the current fiscal year (LGJAHR)

    Thanks,

    NSK

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  • Apr 18 at 10:20 AM

    Hello Bala,

    I faced the same issue and also performed the same steps.

    After running the balance carry forward program (as advised by Mark) FY 2019 is updated and I am able to create Asset in AS01.

    @Mark: Hats off to you! I was struggling with this issue for the last 3 days.

    Great sharing ..

    Thanks, Ram

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  • Apr 18 at 10:43 AM

    Hi Narasimhulu,

    T093C-LGJAHR is now updated with '2019' in my case.

    Thanks.

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