Depreciation Run - Fiscal Year Close

Hi,
We have the following scenario. The implementation was done with effect from 01 Jan 2008 and the Fixed Assets Data migration (Acquisition Value and the Accumulated Depreciation) was done on 31.12.2007. There after while we carry out the Depreciation Run for the month of Jan'08, during the Test Run, the system provides the error message - "Close the Previous Fiscal Year before carrying out the Depreciation Run". When we try to close the fiscal year 2007, the system gives the message - "No need to close the previous fiscal year 2007". Thus we are neither able to close the previous fiscal year nor are we able to carry out the Depreciation Run. Could any one advise as to what could be the problem and how can we proceed further ?
Thanks in advance.
Best Regards,

Hi Sonali,
Thanks for the feedback. Tried to close the fiscal year using the T Code AJRW. Even after this the Depreciation Run gives the error message - You can only post in new year after closing the previous year. And when we try to close the fiscal year using the T Code AJAB, the system gives the message - No year-end close is necessary for company code 0073. The first fiscal year in our case is 2008 and the data migration took place on 31.12.2007. Does that mean that we have to carry out the Depreciation Run for the month of Dec 2007 and then proceed with the Depreciation Run for the month of Jan 2008 ?
Thanks in advance.
Best Regards,

Similar Messages

FI-AA : Problem in Depreciation Run and Year end closing.

i am doing asset year end closing and new fiscal year open, i followed the steps as followings..
Step 1 Did depreciation run using T-code AFAB- no error
step 2 checked depreciation run in AFAR was correct(no error)
step 3.did actual run of new fiscal year open using tcode AJRW.
step 4 : did actual fiscal year closing t-code AJAB.
but now the problem is still i am not able to see any asset reports when open the report meg. says "fiscal year change not done for company code xxxxx"
problem due to is any patch need to be executed? or due to any other application error?, pls advice to solve this my issue.
with best regards,

Hello
Choose Periodic processing ® Fiscal year change.
Enter the company code and the new fiscal year.
Choose Program ® Exec. in background.
Process the assets with errors that were identified during the fiscal year change (Tools ® Assets with errors).
Reg
*Assign points if useful

Fiscal year close

Hi all,
after depreciation run in AFAB, the log showing with red colour and listed some assets. the message no is given AAPO504.
when went for aw01n of listed asset, the system is giving error message "Fiscal year 2004 is already closed in Financial Accounting".
where i open this year? and now the fiscal year is 2007, not 2004. why the system asking previous year? and what is the solution or t.code for this?
Thanks,
Soma

Hi,
yes there is no problem if you have the AA opened.
But I would also start the AJAB. And if there are any changes to do I would re-open it.
Reason: If you do any changes in the AA master data (like changes of the depreciation key) with the result that the despreciation will be recalculated; you will have the problem that the system will calculate them starting last year; therefore you will get some posting for the last year which you don't want.
Therefore I would change the AA-year.
Best regards
Volker

Error in Fiscal year close for assets

Hi All,
I did AR29 / ABAWN (revaluation of Assets). But SAP gave me error as
Diagnosis
The fiscal year 2001 is already closed for area 90 in company code 1000.
Procedure
Check the depreciation area specifications in Customizing. If the specifications are correct, use a transaction type that does not post to the depreciation area mentioned above.
In the AR29, i mentioned all date as 01.09.2009.
Then i tried posting asset Acquisiiton (in F-90) in same date & it passed the entry. So i do not know what period is closed & why its showing as year 2001 in error message.
Edited by: Deepak Agrawal on Oct 12, 2009 10:33 AM

In OB52, open periods (for A, K, D, + , M, S) are shown as:
From 01 / 2009 To 12/2010. special period is open from 13/2009 to 16/2009.
This mean 2010 is open for the posting entries
But why its allowing me to post F-90 (asset acquisition entry in 2009) & not allowing revaluation of assets.
Edited by: Deepak Agrawal on Oct 12, 2009 11:14 AM

How to get a Monthly Depreciation Simulation for next fiscal year?

I need a report that give me the depreciation simulation for next fiscal year, but I need it monthly wise. I run report S_ALR_87012936 with report date 31.12.2011 and evaluation period = month.
The report gives the error message AA669 Fiscal year 2011 is already closed in Financial Accounting
I read that this report doesn't work monthly wise for future years. Is there a workarround?
Best regards!

Hi,
I'm sorry there is only RASIMU02. Note 396974 describes, this is a missing functionality and there is no workaround.
Reports on derived depreciation areas that do not post any values to the
general ledger are allowed with the evaluation period year. An
evaluation using month, quarter or half-year is not supported.
In general, the depreciation forecasted by monthly in report RASIMU02 are only for depreciation area which posts depreciation to GL. For non-GL posting area, we recommend you simulate the depreciation
in 'fiscal year' mode. if you simulate the depreciation
Basically RASIMU02 is NOT designed to provide period simulation for these non posting areas. This because RASIMU02 uses for periods which have been posted already the created ANLP. But ANLP´s are not created for non-posting areas. So in these periods where a depreciation run had been executed already, RASIMU02 will not show
values.
For AA 669 please see:
Best Regards Bernhard
Edited by: Bernhard Kirchner on Nov 25, 2010 9:20 AM

Depreciation of the Previous Fiscal Year want to post in Current FiscalYear

I have already posted Depreciation for the year 2008 by using Planned Posting Run (T.code:AFAB)
After that I have created one Asset Master (T.code: AS01)
In AS01, Depreciation tab , I have set Depreciation starts from 19.09.2007, i.e. Fiscal year: 2007
I have capitalised this asset as on 31.03.2008, i.e. Fiscal Year :2008
Now I want to post Depreciation for the period 19.09.2007 to 31.03.2009 (560 Days) on 31.03.2009.
When I am running AFAB (Repeat Run) Fiscal year: 2008 & Period: 12 with this Specific Asset No, then system is calculating Depreciation only for 1 day, i.e. 31.03.2009
As the Fiscal year:2007 has been closed for Asset module, hence I have opened Fiscal year: 2007 in AA (T.code: OAAQ)
But after opening the Fiscal year :2007 also, system is calculating Dep only for one day.
Please suggest me how will I solve this issue
Thanks & Regards,
Suvadip Mukherji

>
Amitava Bhattacharyya wrote:
> Hi,
>
> Plz suggest whether the last period of the previous fiscal year can be opened in MM to allow backposting. If it's possible then how?
>
>
>
> Amitava
Please check these answered links:
MMPI
Opening the Closed Periods using MMPI
Edited by: Afshad Irani on Jun 15, 2010 3:45 PM

Error in asset fiscal year change

Hi,
Experts,
Here i have an issue regarding asset fiscal year close, Here system gone live in nov 2006 after that they are not perform period end and year end activities. right know they came out to do all period end activities and year end activities and i did all closing activities up to 2007-2008. here every thing is fine but in asset side when they are executing asset report through this S_ALR_87011967 here they got error message Fiscal year change not yet made for company code The relevant
error message No. AB059 Kindly verify this and tell me what to do this.
Thanks
Gopi

You can run only reports when the current fiscalyear is open
TC AJRW - Fiscal Year Change
You can have only 2 fiscal years open (old and new fiscal year).
It is later still possible to reopen old fiscal years and make changes

Without run depreciation they have closed fiscal years

Hi all
In my development system without Depreciation Run they have closed fical years.
They did not run depreciation from 2003 and 02 period.
present fiscal year is 2007.
How can go back and how can i run depreciation from 2003. Please tell me clearly.
It is very urgent.
Thanks in advance.
Krishna

Hi,
as far i know,
you cannot close fiscal year without running depreciation until period 12.
you said that your present fiscal year is 2007? is it FI Fiscal Year or Asset Fiscal Year?
If 2007 is FI fiscal year and your Asset fiscal year is 2003 then you want to run the depreciation for 2003, You must open FI fiscal year for 2003 until 2007. Use t-code : OB52 to open FI fiscal year.
You can check the last closed fiscal year for ASSET in t-code : OAAQ.
Hope it can help.

Can we close Fiscal Year for Assets without posting Depreciation?

Hi All,
My client has 11 Company Codes. During the year end activity, I closed the FY of Assets for 10 Co. codes (T.code AJAB) and 1 is pending as depreciation is not posted for some assets yet. The client wants me to close the FY for assets without posting the depreciation.
Can anyone guide me on following doubts:
1. Is it possible to Close FY for assets without posting depn?
2. If YES, then what can be the adverse consequences of it?
3. If NO, then what is the alternative reply I can give to my client?
I hope the above info. is sufficient.
Regards
Amarendra

Hi All,
Finally I got the solution. I had to do some off track adjustment which might not be allowed otherwise. After getting that confirmation from the client that:
1. They want to post zero values towards Depreciation for the year 2007 &
2. After closing the year, later on there wont be any adjustments for the closed FY 2007
When client gave me above confirmation i did following steps:
1.Note down the Current Depreciation Key of the asset
2.Change the current depreciation key to u201C0000 - No depreciation and no interestu201D (TC: AS02)
3.Close the fiscal year 2007 (TC: AJAB)
4.Change the u201COrdinary Depreciation Startu201D date to 01.04.2008 for ALL the Depreciation Areas of that asset (AS02)
5. Restore the Depreciation Keys of the assets as per the step 1 (TC: AS02)
6.Open New Fiscal Year 2009 (TC: AJRW)
So now the depreciation will be calculated from 01.04.2008 and no values are posted towards depreciation for the year 2007.
Off course in the normal course of time above solutions are useful.
Regards,
Amarendra

Depreciation Run for closed fiscal year

Hi All,
We bought some assets on 2005 through direct purchase and these assets are in under operation, but not having the asset master record in the SAP system.
Now we have decided to bring these assets into the system as the capitalised date is 10 Nov 2005 and for this purpose, we had created the asset master record and applied the t.code: ABNAN to post the values to these assets.
<b>"My concern is about how to provide the depreciation run to these assets for the closed fiscal year from 2005 to until Nov 2007.The present closed period in the production system is 2006".</b>
I request you to all kindly give your values on the above mentioned issue.
Thanks with regards,
Ran

Hi
Just give the dep start date as 10 Nov 2005 and run the dep for the current posting period the depreciation will get posted for the year 2005 and upto the current period,in the current posting period.
As the past reriods are all closed you cannot post dep in the year 2005.
You will have the whole dep for that particular asset posted in the current posting period.
Hope this helps
Good Luck
Hari

Changing Depreciation Key for Tax for closed fiscal years -

Hello,
Hoping someone can help me with this question - Is it possible to change the depreciation key for closed fiscal years - we need to change it for Tax - books. And if yes - does it mean we need to open closed fiscal years ??
Thank you,
Richa

Hi,
you will need to open the FI and AA periods. After changing the depreciation keys do the necessary dep run and close the books in the correct sequence.There should not be problem.

Depreciation values in previous closed fiscal year

Hi,
I want to apply new depreciation key for an asset, acquired previous year. Previous financial year is closed where prior fiscal year for fixed assets is still open. How should I apply changes.
Thanks in advance.

Changing the depreciation key will recalculate the depreciation for the current year.
if you have previous year open, then it will also recalculate for the previous year. if it recalculates you might have to open FI posting periods and run the repeat depreciation for the last period so that it posts the recalculated depreciation.
If not close the prior year and change the depreciation key, this will recalculate only for the current year and the catchup will be posted in the following depreciation run.

Asset depreciation in a closed fiscal year

Hello,
After closing fiscal year 2010 we noticed that asset "A" start depreciation date was incorrectly set to December, 15.
Now we have corrected this date to December, 1. SAP have re-calculated the depreciation so we have aditional USD 600 planned for December. (we have UDS 600 posted + USD 600 planned).
Is there anyway to force those USD 600 to be posted on the new fiscal year 2011?
Is there any other way to arrange our depreciation issue withhoul opening 2010 for posting?
Thank you in beforehand.
Juanma.

Hi
I believe, OAYF is relevant for recalculating asset accum dep during Legacy data transfer.... I dont know if it would help in this case
If you have not done the FY 2010 closing, system wont allow you to close till the time all planned depreciations are posted...
Refer note 619969... You can run AFAB for Period 13 and post the dep in Period 12.... After that, do a balance carry forward
However, if you dont wanna post in 2010 any more, then dont change the Dep Start date.... Let it remain as Dec 15.... You can post Unplanned dep for Jan 2011 using ABAA - Followed by AFAB (Unplanned option)
Br, Ajay M

Asset Fiscal Year End Closing - Depreciation not posted completely in 2010

Hi Experts,
I have an issue concerning AA 2010 year end closing, since there is one asset which depreciation in 2010 was not posted completely, meaning that we cannot close 2010 fiscal year.
This happened because of the following situation:
Vendor Incoice was posted in 30.12.2010, with a document date 31.03.2010 (meaning that for this asset the depreciation calculation start date was 01.03.2010). Then, in 30.03.2011 someone post the reversal document, with posting date 31.12.2010.
So for this asset I donu2019t have any depreciation posted in 2011 and no values in depreciation book, for the asset, meaning that even if I change the depreciation calculation start date for 01.01.2011, it will still be necessary to run depreciation in Dec.2010.
However I cannot run depreciation for this asset for 2010 because it will have impact in 2010 balance sheet, which cannot happen.
Do you have any ideas to solve this problem?
Thanks!
Best regards,
Andreia Nascimento

Hi,
As i have already suggested you for the [SIMILAR THREAD|Re: Asset Fiscal Year Closing not possible], which you have only posted in FI forum, there is no other alternative than running the repeat dep run for FY 2010 for period 12.
Please do not cross post your questions.
REgards,
Srinu

Closing fiscal yr 2007 without depreciation run

Hi All,
Can anybody suggest me how can I close fiscal year 2007 in AA without depreciation run ( as we have posted Depreciation through BDC directly to hit GL).
thanks,

Dear ap
can we run depreciation in 16 period for all (1-12 period)in a single run through AFAB. as we have allready close 2007 as per audit .
thanks
with reagrds

Depreciation Run - Fiscal Year Close

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