Error during Year-end closing Asset Accounting (AJAB)

Hi,
While executing transaction AJAB (year end closing AA) the system, the system issues a message "Transactions not completely periodically posted". The detailed message is AU075 "Asset balance sheet values not completely posted".
Processing the error message:
While proceeding through the error message details I checked "Define How Dep Areas Post to GL" and found that 4 depreciation areas are maintained as under:
Area/Description/ G/L/ Target Group
01/ Book dep/1 (Area posts in Realtime)/0L (Leading Ledger)
15/Income tax dep/0 (Area does not post)/ Blank
21/ IFRS/ 3 (Area posts dep only)/1F (IFRS Ledger)
Then I clicked on start APC program, which leads to transaction ASKB (Periodic Asset Posting). The transaction could not be posted as document type is not assigned for periodic posting of Asset Values in SPRO>Fin. Accounting (New)>Asset Accounting>Integration with GL Accounting>Post APC values periodically to GL Accounting>Specify document type for periodic posting of asset values.
I've got 2 queries:
1) whether year-end closing can be executed if the document type is assigned and transaction ASKB is run.
2) If the answer to first query is yes, how come the same error did not encounter in other company codes (the error occurred only in 2 company codes). I've also checked the depreciation area maintained in asset masters of the company code where no such problem was encountered and found it to be same as the company code where the problem has occurred.
Seek your expert advise to resolve the issue.
Thanks,
Vipin Patankar

Hi Malhar,
Thanks for your prompt reply. I understand that the issue can be resolved by assigning document type and execute ASKB. At present document type 'AF' is being used for depreciation posting, can we use the same document type for APC value posting or some other document type should be used.
I still need some more highlight on the reason for not facing the problem in other company codes.
Thanks,
Vipin Patankar

Similar Messages

Year-End Closing Asset Account - AJAB

Hi,
While executing year end closing for fiscal year 2005, system gives following error message :-
"Depreciation not posted completely"
Since, there is unposted planned depreciation in period 12 / 2005, system is not allowing to close the year.
But since the financial year 2005 has already been closed, we can not open it back due to other legal issues and financial impacts, user wants to have any other work around solution to close the year 2005 without posting the depreciation.
Please send us your ideas or expert comments.
Thanking you in advance.
Thank You & Best Regards,
Naresh B. Pandya

Hi,
At last we opened FI Year 2005.
We run the depreciation for 12/2005 (31/03/2006), posted depreciation reversal entry on 31/03/2006 to nullify effect on B/s and P&L account and the same was reversed on first day of next fiscal year i.e. 01/04/2006.
Regards,
Naresh

Year End closing Asset accounting

I am carrying out a currency conversion and at Analyze stage I am facing the following error.Closed year 2005 in company code XXXX and area 01 incorrect.
I then tried to carry out year end closing for assets
CoCd Close carried out             Inactive     has errors     not posted     line items
XXXX            No                        0              0              0              0       0
                                                                                CoCd        Asset               Note
XXXX          *** Documents from last posting run in 2006 are not yet updated
Will reward points if helpful

Dear Garikai,
Hope closing activity and balance transfer for year 2005 has not been done properly. Please close the year 2005 properly and follow the same procedure for the year 2006.
It will happen.
Thanks & best regards,
nms

Getting error while Year end closing in asset accounting for the year ...

Hi,
i am getting error while doing Year end closing in asset accounting for the year 2004. It is giving few assets and saying that "Depreciation not posted completely"
Can any body help in this reagards.
With regards,

Dear Shree,
Do u have the list of all such assets for which no depreciation has been posted. If yes, then go to AFAB, upload the list all these assets & then select the radio button as 'repeat'.
This will post you depreciation for all the assets. then close the year.
regards,
Ajay

Change fiscal year to 2006 in Asset Management : error in year-end closing

SAP version: 4.0B
Transaction Codes used: Year-end closing AJAB, Fiscal year change AJRW
We are trying to change the fiscal year to 2006 in Asset Management.
I tried to change the fiscal year to 2006 for the company code 0055 using transaction code AJRW. The test run has displayed an error message Fiscal year change in co. code 0055 1 possible only after year-end closing 2004 2.
I have used the transaction code OAAQ to find the out the fiscal year, the closing for depreciation area is successfully performed.
Unfortunately it is still showing 2003 which should have been 2004 for company code 0055.
I tried to close the fiscal year 2004. The test run has completed successfully. I have scheduled the RAJABS00. The program has executed successfully with no errors or warnings.
The closing for depreciation area (Transaction OAAQ) is still showing 2003 for company code 0055, which should have been changed to 2004.
I am new to Asset Management. Can you please give some suggestions on how to fix the problem and change the fiscal year to 2006.
Thank you,
Vidya

Hi,
Thank you very much for your prompt reply.
I have used transaction OAAR to check if any area is still open for previous years.
Surprisingly! The areas are closed only till 2003.
Can you please let me know what to do (transaction codes - programs) to close the areas for fiscal year 2004.
I am new to Asset Management. I think you are good in Asset Management. Can you please give some suggestions on how to close the fiscal year 2004.
Can you please let me know if I have to run any other transactions other than closing the areas before running the transaction to close the fiscal year 2004.
Thank you very much.
Sincerely,
Vidya

Asset: Error of Year End Closing and depreciation

Experts,
We are testing a scenerio in Quality Server. System was throwing error " You Can not post to asset in Company Code ABCD, fiscal year 2012". So we performed Fiscal year change "T-Code: AJRW"
Now we have created asset in Year 2011, then posted Acquisition through "ABZON"
then in "AFAB" depreciation run for the period 01 is successfuly done (we can see in SCMO)
but for period 02 error is "Fiscal year 2011 is already closed in Financial Accounting."
we need to check depreciation on the test asset created and then try the partial transfer of asset to various subassets in percentage. and then again check the effect of depreciation.
How should we go ahead? what steps need to be performed?
please help...
- Nilesh

Hi Nilesh,
The error message you get implies that FI is closed for period 02, 2011. Check transaction OB52 for your company code and variant, whether the posting period in FI is indeed open.
Regards,
Brigitte

ERROR Message no. AU265 :While closing asset accounting year ------ URGENT

Hi All,
THE ISSUE IS URGENT . Please help in resolving it.
One of our users have missed to do the repeat depreciation run for
Asset 4464 (Co. code 0006)in 12th period as she has raised a credit
memo for this
Asset after she did normal depreciation run for period 12, 2007.
Than the financial year 2007 FI-GL was closed and when she was trying
to do Asset year closing for 2007 through t-code AJAB she got the error
that depreciation not updated for asset 4464 and realized that she hasmissed a repeat depreciation run .
Than I replied back to her that there is no other way out to solve this
problem other than to get the last fiscal year opened and than do the
repeat run and not to do any posting for this year before closing the
previous year.
But in the mean while she has already posted the depreciation for
Jan 08 for all assets and also posted the value for 4464 Asset in
Period Jan08 . Now when she is running AJAB she is getting error the
following error.
AU265 : Documents from last posting run in 2007 are not yet updated.
The sequence which the user has followed is as follows:
First, I ran depreciation for all assets in period 1, 2008 with no errors. But, the December depreciation for asset 4464 did not post in this run.
Then, I posted depreciation for asset 4464 in period 1 2008 (see document 300000881), with no errors by following the steps in the attached document.
1.     T-code AFAB
2.     Entered the criteria with repeat run for Asset 4464(I knew SAP would not allow me to post to 12/2007)
3.     F9 to process in background
4.     T-code SM35 to process batch
5.     Received error that period 12/2007 was not open for posting
6.     Changed posting date to 01/2008 and processed the batch
7.     Now, the remaining December 2007 depreciation for asset 4464 posted. See document 300000881.
8.     T-code AJAB (Year-End Closing Asset Accounting), again
9.     Received message that the Close was not carried out because Documents from last posting run in 2007 are not yet updated.
Please tell what can be done now to resolve this error.
Points will be rewarded if your answer helped.
Thanks & Regards,
Prachi

Prachi,
I faced a similar situation from 2004, we transfered that portion of credit memo into a dummy company code / Asset and a manual adjustment in 2007 for the credit memo portion... ofcourse there will be a difference but explainable...
In your situation... check if you can open 2007 repost the depreciation for 12 and clear this issue?
Hopefully this helps.

FI Year End Closing

hi...
pls tell me t.code for following List for FI Year End Closing
1 Execute Report for InterCompany Activity & Journal Entries
2 Open posting period for next yr
3 Run Business Area's Assignment report.
4 Review list of recurring journal entries
5 Execute Recurring Entries for A/R, A/P, G/L
6 Process Parked A/R, A/P, G/L accounting documents
7 Final Cutoff for the Maintenance of Fixed Asset- Add Transfer and Retire
8 Run Depreciation in Test Run and post
9 Verify Display Log for Depreciation Test Run
10 Capitalize AUC Assets if needed
11 Enter Payroll Data to SAP
12 Verify Depreciation Balances with GL balances
13 Post Depreciation
14 Execute Asset History Report, and retire assets if needed
15 Adjust specific depreciation areas if necessary
16 Reconcile AM subledger with GL
17 Check Bank Data
18 Review AR Open Items
19 Review AP Open Items
20 Execute Pending Invoices
21 Clear Open Item for GRIR, freight
22 Reconciliation of Financial Documents and transactional figures
23 Open new CO Posting Period
24 Compare current (cost estimates) with last current price (Moving Avg)
25 Update current cost price to material master price field.
26 Process Freight charges, Match SD freight to actual
27 Review Internal Order Postings
28 Settle All Orders
29 Verify All Post Goods Issue have been Invoiced (Billing Due List)
30 Review SD Billng Doc from prior mth that have not yet been released to accounting
31 Reconciliation of MM movements in Transit Intra-SAP to NonSAP
32 Reconcile PI Inventory with SAP
33 Perform Manual Adjustment if needed
34 Verify balance of the GR/IR account
35 Post Accruals and Deferrals
36 Clearing of Cancelled Documents
37 Check Profitability Segment Adjustment
38 Aging Report-Reconcile GL balances with subledger balances AP
39 Check the check run numbers
40 Bank reconciliation Data
41 Enter Tax Journal Entry
42 Reconcile GL balances with subledger balances AR/MM/AP
43 Display Balance Sheet Adjustments
44 Post Balance Sheet Adjustments
45 Post Foreign Currency Valuation (foreign exchange)
46 Check generic cost centers for posting with wrong accounts
47 Correct wrong postings on generic cost centers
48 Check Validation dates for Cost Centers, Cost Elements, CO area
49 Check COGI--for both month end and year end
50 Doubtful receiviables
51 Verify In-transist Inventory
52 Reconcile PA to G/L
53 Post Cost Centre Assessments and Distributions
54 Run CO-FI Reconciliation to balance
55 Run BW reports P&L and Balance Sheet
56 Maintain CO yr variant
57 Fiscal Yr Balance carryforward AP/AR/AM
58 Fiscal Yr Balance carryforward CO
59 Fiscal Yr balance carryforward FI
60 Fiscal Yr balance carryforward PCA
61 Set Document number ranges - FI - new year
62 Set Document number ranges AP/AR - new year
63 Generate Financial statement Reports
64 Change Fiscal Year For Assets
65 Year end Closing-- Asset Accounting--final for year end
66 Close CO Posting Period
67 Close Prior A/R Posting Period
68 Close Prior A/P Posting Period
69 Close Prior MM Posting Period
70 Reverse accruals and deferrals for the new month
71 Reconciliation of Financial Documents from old fiscal year and new fiscal year
72 Load Balances, Budget Data for Cost centers, sales
73 Update Retained Earning Account , balance carry fwd
Thanks & Regards
Rekha Sharma

Hi,
Please check this
1 Execute Report for Inter Company Activity & Journal Entries
2 Open posting period for next yr (T.Code: OB52)
3 Run Business Areau2019s Assignment report. (T.Code: F.50)
4 Review list of recurring journal entries (T.Code: FBD3)
5 Execute Recurring Entries for A/R, A/P, G/L (T. Code: F.14)
6 Process Parked A/R, A/P, G/L accounting documents (T.Code: FBV0)
7 Final Cutoff for the Maintenance of Fixed Asset- Add Transfer and Retire (T.Code: ABUMN)
8 Run Depreciation in Test Run and post (T.Code: AFAB)
9 Verify Display Log for Depreciation Test Run (T.Code: AFBP)
10 Capitalize AUC Assets if needed (T.Code: AIAB, AIBU)
11 Enter Payroll Data to SAP (T.Code: CAT2)
12 Verify Depreciation Balances with GL balances ( T.Code: ABST2)
13 Post Depreciation (T.Code: AFAB)
14 Execute Asset History Report, and retire assets if needed (T.Code: S_ALR_87011963, ABAVN)
15 Adjust specific depreciation areas if necessary (T.Code: ABCO)
16 Reconcile AM sub ledger with GL (T.Code: ABST2)
17 Check Bank Data (T.Code: S_P99_41000212)
18 Review AR Open Items (T.Code: FBL5N)
19 Review AP Open Items (FBL1N)
20 Execute Pending Invoices(T.Code: MRBP)
21 Clear Open Item for GRIR, freight (T.Code: F.13)
22 Reconciliation of Financial Documents and transactional figures (F.03)
23 Open new CO Posting Period: (T.Code: OKP1)
24 Compare current (cost estimates) with last current price (Moving Avg) ( T.Code: OKBH)
25 Update current cost price to material master price field (T.Code: CK11N, CK24)
26 Process Freight charges, Match SD freight to actual (T.Code: V-31)
27 Review Internal Order Postings(T.Code: OKSA)
28 Settle All Orders (T.Code: KO88)
29 Verify All Post Goods Issue have been Invoiced (Billing Due List) (T.Code: VF04)
30 Review SD Billing Doc from prior month that have not yet been released to accounting (T.Code : F.2D)
31 Reconciliation of MM movements in Transit Intra-SAP to Non SAP
32 Reconcile PI Inventory with SAP (T.Code: MI07)
33 Perform Manual Adjustment if needed (T.Code: F-02, FB50)
34 Verify balance of the GR/IR account ( T.Code: MB5S)
35 Post Accruals and Deferrals (T.Code: FBS1)
36 Clearing of Cancelled Documents (T.Code: F-03, F-32, F-44)
37 Check Profitability Segment Adjustment (T.Code: KISR)
38 Aging Report-Reconcile GL balances with sub ledger balances AP ( T.code: FBL1N, FBL5N, FBL3N)
39 Check the check run numbers (T.Code: FCH1, FCHI)
40 Bank reconciliation Data (T.Code: FF67 & FEBA)
41 Enter Tax Journal Entry (T.Code: FB41)
42 Reconcile GL balances with sub ledger balances AR/MM/AP ( T.Code: F.03)
43 Display Balance Sheet Adjustments (T.Code: F.5F)
44 Post Balance Sheet Adjustments (T.Code: F.5E)
45 Post Foreign Currency Valuation (foreign exchange) (T.Code: F.05)
46 Check generic cost centers for posting with wrong accounts
47 Correct wrong postings on generic cost centers
48 Check Validation dates for Cost Centers, Cost Elements, CO area (T.Code: GGB0)
49 Check COGIu2013for both month end and year end
50 Doubtful receivables (T.Code : F104)
51 Verify In-transit Inventory
52 Reconcile PA to G/L (T.Code: KE5U)
53 Post Cost Center Assessments and Distributions (T.Code: KSU5 & KSV5)
54 Run CO-FI Reconciliation to balance (T.Code: KALC)
55 Run BW reports P&L and Balance Sheet
56 Maintain CO yr variant (T.Code: KCRQ)
57 Fiscal Yr Balance carry forward AP/AR/AM (T.Code: F.07,
58 Fiscal Yr Balance carry forward CO (T.Code: CXS1)
59 Fiscal Yr balance carry forward FI ( T.Code: F.16)
60 Fiscal Yr balance carry forward PCA (T.Code: 2KES)
61 Set Document number ranges - FI - new year (T.Code: OBH2, OBA7)
62 Set Document number ranges AP/AR - new year (OBA7)
63 Generate Financial statement Reports ( T.Code:OB58) OR (T.Code: FSE2)
64 Change Fiscal Year For Assets (T.Code: AJRW)
65 Year end Closingu2013 Asset Accountingu2013final for year end (T.Code: AJAB)
66 Close CO Posting Period : (T.Code: OKP1)
67 Close Prior A/R Posting Period ( T.Code: OB52)
68 Close Prior A/P Posting Period (T.Code: OB52)
69 Close Prior MM Posting Period (T.Code: OMSY)
70 Reverse accruals and deferrals for the new month (T.Code: F.81)
71 Reconciliation of Financial Documents from old fiscal year and new fiscal year ( T.Code: FNSL)
72 Load Balances, Budget Data for Cost centers, sales
73 Update Retained Earning Account , balance carry fwd (T.Code: F.16)
Regards,

Year ending Closeing

Hi all,
i want Year ending procedure steps help me any one plz.
Thanks in advance
regards
gvr

1     Execute Report for InterCompany Activity & Journal Entries
2     Open posting period for next yr
3     Run Business Area's Assignment report.
4     Review list of recurring journal entries
5     Execute Recurring Entries for A/R, A/P, G/L
6     Process Parked A/R, A/P, G/L accounting documents
7     Final Cutoff for the Maintenance of Fixed Asset- Add Transfer and Retire
8     Run Depreciation in Test Run and post
9     Verify Display Log for Depreciation Test Run
10     Capitalize AUC Assets if needed
11     Enter Payroll Data to SAP
12     Verify Depreciation Balances with GL balances
13     Post Depreciation
14     Execute Asset History Report, and retire assets if needed
15     Adjust specific depreciation areas if necessary
16     Reconcile AM subledger with GL
17     Check Bank Data
18     Review AR Open Items
19     Review AP Open Items
20     Execute Pending Invoices
21     Clear Open Item for GRIR, freight
22     Reconciliation of Financial Documents and transactional figures
23     Open new CO Posting Period
24     Compare current (cost estimates) with last current price (Moving Avg)
25     Update current cost price to material master price field.
26     Process Freight charges, Match SD freight to actual
27     Review Internal Order Postings
28     Settle All Orders
29     Verify All Post Goods Issue have been Invoiced (Billing Due List)
30     Review SD Billng Doc from prior mth that have not yet been released to accounting
31     Reconciliation of MM movements in Transit Intra-SAP to NonSAP
32     Reconcile PI Inventory with SAP
33     Perform Manual Adjustment if needed
34     Verify balance of the GR/IR account
35     Post Accruals and Deferrals
36     Clearing of Cancelled Documents
37     Check Profitability Segment Adjustment
38     Aging Report-Reconcile GL balances with subledger balances AP
39     Check the check run numbers
40     Bank reconciliation Data
41     Enter Tax Journal Entry
42     Reconcile GL balances with subledger balances AR/MM/AP
43     Display Balance Sheet Adjustments
44     Post Balance Sheet Adjustments
45     Post Foreign Currency Valuation (foreign exchange)
46     Check generic cost centers for posting with wrong accounts
47     Correct wrong postings on generic cost centers
48     Check Validation dates for Cost Centers, Cost Elements, CO area
49     Check COGI--for both month end and year end
50     Doubtful receiviables
51     Verify In-transist Inventory
52     Reconcile PA to G/L
53     Post Cost Centre Assessments and Distributions
54     Run CO-FI Reconciliation to balance
55     Run BW reports P&L and Balance Sheet
56     Maintain CO yr variant
57     Fiscal Yr Balance carryforward AP/AR/AM
58     Fiscal Yr Balance carryforward CO
59     Fiscal Yr balance carryforward FI
60     Fiscal Yr balance carryforward PCA
61     Set Document number ranges - FI - new year
62     Set Document number ranges AP/AR - new year
63     Generate Financial statement Reports
64     Change Fiscal Year For Assets
65     Year end Closing-- Asset Accounting--final for year end
66     Close CO Posting Period
67     Close Prior A/R Posting Period
68     Close Prior A/P Posting Period
69     Close Prior MM Posting Period
70     Reverse accruals and deferrals for the new month
71     Reconciliation of Financial Documents from old fiscal year and new fiscal year
72     Load Balances, Budget Data for Cost centers, sales
73     Update Retained Earning Account , balance carry fwd
Month end closing Activities
1. All the expenses including amortization, prepaid expenses, Preliminary expenses and accruals have been booked.
2. Complete Bank Reconciliation
3. Make sure that Sum of Inter company balances is Zero
4. Suspense Accounts should be cleared regularly.
5. Ensure that all documents related to MM & SD have been entered in system.
6. Ensure that all billing documents are released to accounting.
7. Calculate Overheads on all process Orders (CO43)
8. Technically complete all process orders which are fully processed (CORM).
9. Calculate Variance (KKS1)à (Relevant only if Standard cost is calculated).
10. Settle all process orders which are technically complete (CO88).
11. Close All settled Process Orders
12. Close MM period (Transaction Code: MMPV).
13. Carry out GR/IR clearing (F.13) transaction
14. Depreciation Run (AFAB) has been carried out for the month
15. Close FI Posting period after the month end closing activity is over.
Year end closing Activities:
1. Calculate production work in progress on process orders which are not technically complete.
2. Carry out Assessment cycle for Cost Centers.
3. All month end closing Activities should be carried out.
4. Carry Forward Balances to next year
(With TC: F.16 we can carry forward the balance to next year.
With TC: OBH2 copy the number ranges to next year
Open next year periods by selecting the Posting Period Variant.
then test by posting the transaction in F-02)

Asset - Year End Closing Error

Hi experts,
My company new fiscal year started 01.04.2008. I have done these and error
1- AJRW - New fiscal year = 2008
Error - Fiscal year change in co code possible only after year end closing 2006
2- AJAB - Fiscal year to close = 2007
Error - Close fiscal year 2006 for company code first
3- OAAQ - 2005
How am I suppose to make it success to year 2008?
Thank you in advanced.
Eizaa

Hi
As per the AA functionality it allows u to keep open 2 financial years at a time.
as u said in oaaq its showing 2005. that means in your system
2005 is the last closed fiscal year.
so it implies that 2006 and 2007 is still open.
now when u try to open 2008 it wont allow. it expects from you to close the year 2006 first.
for closing 2006 you need to check whether depreciation is posted for all periods and there are no more adjustment left.
than go to AJAB and close year 2006 first. without closing 2006 it wont allow you to close 2007.
After closing 2006 u can go and open 2008 without closing 2007 also if u wish...
thanks
sejal
assign points if useful.

Asset accounting - asset year end closing

Dear Experts,
For the year 2008 the depreciation was not processed in asset accounting and now i processed depreciation for the total year from 1 period to 16 th periods by keeping FI period 2008 open and documents were posted successfully. Now i want to close the 2008 period for asset acccounting and i want to open 2009 period for asset accounting .
But i am getting error like Transactions not completely periodically posted. It is taking to 2 paths.
One is Define How depreciation Areas post to General Ledger
Here for my client 3 depreciation areas are there 1) book depreciation 2) Tax depreciation 3) Delta depreciation.
Second is Start APC Posting Programme: When i try run this programme "i am getting message like there are no documents to be posted"
Please help me
Thanks
Balu

Hi,
please read the WIKI guide [Year-End-Closing in Asset Accounting (best practices)|/people/javier.reviriego/blog/2008/07/09/year-end-closing-in-asset-accounting-best-practices].
Even if there are no transaction to be posted, you have to execute the periodic posting run. The run itself will create a protocol entry in any case, if there are values to be posted or not. The fiscal year close process checks thit protocol entry.
Regards,
Markus

Asset Year end Closing AJAB

Hi ,
We are facing issues in year end closing when executing t code AJAB.When spool is checked it gives the asset no with error message as asset is incomplete.
When analysed the error using T code AUVA, it states that some field is incomplete, may be based on screen layout settings for asset master data assigned to asset class.When the asset was created , screen layout may be different from what is assigned now. When asset is checked in change mode , it doesn't show that any contents needs to be filled. So asset doesn't seems to be incomplete.
Is there any note or any pointer to solve this error.It basically relates to 2-3 asset class related asset master data.
Regards,
Manish Garg

Hi,
Please check Note 606736 - Flds in deactivated dep.area result in "incomplete" asset and Related Notes
510356 - AS02: deleting incompleteness indicator
436353 - Incorrect assets displayed by RAUNVA00
or
Note 699477 - Incomplete fixed asset in ANLH and ANLC fields
if they help.
Rgds.

AJAB year-end closing no data

Hi,
We are running transaction AJAB for year end closing of Asset Accounting. We are trying to close fiscal year 2010.
In test run, it is showing no errors, but it is also not displaying any data. I expect it to show some information on the assets that will be affected, though no data is being shown.
What could be the problem? I noticed that depreciation may need to be recalculated (AFAR). Could this affect year-end closing?
Thanks,

Hello,
This transaction will not show you any data since it is only required for the technical purposes. While running t-code AJAB, is displaying "NO" under the "Other Error" column then it means you don't have any issues while doing the year end-Closing.
Did you make any changes to any asset after completing your depreciation run for 12 month? If yes, then it is recommended that you do run transaction "AFAR" so the depreciation will be correcting for that asset before you actually do the year end closing for Fixed Asset.
However, if you are sure that you have not made any changes to any of your assets then you don't have to recalculate the depreciation.
Thanks

Assets Year-end closing

Hi
One of our group companies are facing the issue below.
*. When trying to run any asset transaction the error message "Fiscal year change in co.code J002 possible only after year-end closing 2008" . We are currently in 2010 in financial accounting.
AJRW -Change to new FY 2009 was successful, but for 2010 the same error msg above is displayed.
*AJAB -FY close
- 2008 : The planned depreciation was not completely posted to Financial Accounting for asset 000000300090-0000 in company code J002 in depreciation area 01.
When I check AW01N, there is a planned depreciation amount for 2008 period 12. However, depreciation has been completed for 2009. If I try to a repeat run for 2008 in test mode there is a value coming up. The issue is posting periods are close. Current financial period is in 2010.
Your assistance is greatly appreciated.
Thanks
Nadini

The following are the important steps you must keep in mind while closing asset accounting.
1. Recalculate all asset values AFAR
2. Run program RAUNVA00
3. Run program RAANLA01
4. If you find any unposted assets in step 3 delete them if you do not want in AS06 / AS26 (group assets)
5. Update your insurance index OAV5 (if necessary)
6. Run your regular month end closing process.
7. Reconcile FI-AA with GL accounting - transaction code ABST
8. AJRW - Fiscal Year change
9. AJAB - Close fiscal year
10. reopen the fiscal year OAAQ (if only necessary)
11. Perform all year end closing steps.
Thanks,
Ravi

Back up plan for Asset year end closing

Hi,
Do you have any back plan prepared for Asset year end closing especially t.code AJRW and AJAB (running this in Background).
what back up plan we should recommend if it fails for already happened activities.
Regards
Shanu

Hi Shanu,
there is a Test-run modus.
If it fails for some reasons, you will get a error message. Then you solve this error and repeat AJRW or AJAB.
regards Bernhard

Error during Year-end closing Asset Accounting (AJAB)

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