Depreciation Posting in Closed Fiscal Year (repeat run)

[Former Member]

Hello gurus,

My client faces the below issue:

We are trying to close 2011 in order to open 2013. 

But 2011 does not close after AJAB execution (no errors occurred in test mode).

I saw that there were some shutdowns in a particular asset class and transaction code AFAB in repeat mode for December 2011 produces FI postings.

I suppose this is the reason why we can not close 2011.

But, 2011 is officially closed fiscal year and we can not open 12th period_2011 in order to make these additional depreciation postings. 

Please gurus what you would recommend?

Thank you,

Sofia

[Former Member · Accepted solution]

Hello Sofia,

classical issue and almost every time the same solution: as the validations of the year end closing run are strict, every planned depreciation must be posted before closing.

You can try to correct the planned depreciation in 2011 by reversing the activities, that created the issue. I doubt, that this will work as you´ve got postings in 2012.

So more likely you´ll have to post the depreciation in 2011 an adjust the balance sheet to the old (and reported) values by reversing these postings in GL. As you cannot directly post to the asset balance accounts you will have to create new accounts. In 2012 you can reverse these postings.

No nice solutions, but a strong reminder to close asset accounting before closing GL.

Regards Michael

[Former Member · Accepted solution]

Thank you a lot Michael for your reply.