Asset value date and posting date are not in same fiscal year

Hi,
Our business user has created an asset under an incorrect asset class, which he is trying to transfer to a new asset whcih was created under correct asset class. However system is restricting user with the error message "Asset value date and posting date are not in same fiscal year". Can you please advise me how we can proceed further with this error.
Regards,
Asam.

Hi,
To transfer one asset to another asset within a company code can be done through ABUMN only.
While doing this transfer you have enter the document date, posting date, and value date for the transaction, but all these dates should be in same fiscal year only.
In your case you must have been entered the dates for asset value date and posting date , and these two dates are in diff financial years.
Please make sure that both the dates are in same FY.
Hope this will fix your issue.
Thanks,
Srinu

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