Asset Balances Display

Hi All
I have a problem in Asset Display. My client follows calander year. He has not closed his accounts yet for the calander year 2007.
He has also not done AJRW- Fiscal Year Change.
But when the client is trying to look inot the Asset Balance Display, for the Asset Number or Cost Centre wise or plant or by location, system is throwing the following ERROR.
"Fiscal year change not yet made for company code 1001
Message no. AB059
Diagnosis
You have not yet carried out a fiscal year change for company code 1001, although the current system date is in the new fiscal year.
Procedure
Carry out the fiscal year change for company code 1001.
Proceed"
Now my doubt is " Why system is throwing error for a fiscal year change"? I am only viewing the calander year 2007 data as an asset balance display. infact no data has been posted for january - 2008 as yet.
When i am viewing the Asset balance display for 2007, why should system thorw an error ? If the system is correct, then what am i supposed to do ?
I REQUEST ALL THE  SAP GURUS, TO HELP ME IN THIS REGARD AND SUTIABLE POINTS WILL BE AWARDED.
Thanks & Regards
Rishikesh
I REQUEST YOU ALL SAP GURUS TO HELP

Hi,
although this question was posted a year ago, it is a recurring problem. If you need to know more about fiscal year change in asset accounting, look at http://www.siliconlabs.fi/files/AA_YearEndClosing.pdf.
Ritva

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